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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 593 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.Meera’s stall made a profit of ₹900. Meera saves 50% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  5. 5.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) better paint for cards
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  8. 8.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  10. 10.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  11. 11.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  13. 13.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  15. 15.Kabir’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) a cinema ticket
  17. 17.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  19. 19.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  20. 20.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  21. 21.Dev’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Kavya’s stall made a profit of ₹1600. Kavya saves 50% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  26. 26.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  27. 27.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  28. 28.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Zoya’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  34. 34.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Farhan’s stall made a profit of ₹1200. Farhan saves 50% of it. How many rupees are saved?
  36. 36.Nisha’s stall made a profit of ₹900. Nisha saves 50% of it. How many rupees are saved?
  37. 37.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹1400. Meera saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting

Answer key

  1. 450
  2. 230
  3. 40
  4. spending
  5. 1080
  6. a new video game
  7. a cinema ticket
  8. more seeds for next time
  9. reinvesting
  10. 40
  11. sweets for yourself
  12. saving
  13. for bad days and goals
  14. reinvesting
  15. 760
  16. profit put in a bank
  17. 118
  18. saving
  19. 40
  20. can I pay it back?
  21. 720
  22. 212
  23. 800
  24. reinvesting
  25. buying a second juicer
  26. to keep trust
  27. an emergency fund
  28. 236
  29. 840
  30. 60
  31. 63
  32. putting profit back in
  33. talk to parents
  34. 18
  35. 600
  36. 450
  37. 90
  38. 60
  39. 280
  40. saving

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