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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 599 · 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.Kabir’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Kavya’s stall made a profit of ₹1400. Kavya saves 25% of it. How many rupees are saved?
  8. 8.Riya’s stall made a profit of ₹500. Riya saves 10% of it. How many rupees are saved?
  9. 9.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a new video game (d) better paint for cards
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  11. 11.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  13. 13.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Ananya’s stall made a profit of ₹1400. Ananya saves 25% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  19. 19.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  20. 20.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Nisha’s stall made a profit of ₹300. Nisha saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  25. 25.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) a new video game
  28. 28.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Joseph’s stall made a profit of ₹1200. Joseph saves 20% of it. How many rupees are saved?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  32. 32.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) a new video game
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Tara’s stall made a profit of ₹200. Tara saves 50% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  38. 38.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Farhan’s stall made a profit of ₹1900. Farhan saves 50% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending

Answer key

  1. 420
  2. more seeds for next time
  3. putting profit back in
  4. spending
  5. saving
  6. 50
  7. 350
  8. 50
  9. better paint for cards
  10. to keep trust
  11. 21
  12. for bad days and goals
  13. 60
  14. 1300
  15. 354
  16. 350
  17. 448
  18. saving
  19. can I pay it back?
  20. 4
  21. 30
  22. 762
  23. 135
  24. sweets for yourself
  25. 80
  26. 24
  27. buying a second juicer
  28. 32
  29. 212
  30. 240
  31. talk to parents
  32. a cinema ticket
  33. reinvesting
  34. a new video game
  35. 4
  36. 100
  37. saving
  38. 954
  39. 950
  40. reinvesting

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