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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 615 · 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.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  3. 3.Saanvi’s stall made a profit of ₹1000. Saanvi saves 20% of it. How many rupees are saved?
  4. 4.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  5. 5.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Ananya’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  8. 8.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
  9. 9.Arjun’s stall made a profit of ₹500. Arjun saves 20% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  15. 15.Diya’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  17. 17.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?
  18. 18.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  19. 19.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Tara’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  22. 22.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  23. 23.Farhan’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Vihaan’s stall made a profit of ₹700. Vihaan saves 20% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  27. 27.Ananya’s stall made a profit of ₹1000. Ananya saves 50% of it. How many rupees are saved?
  28. 28.Ishaan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Nisha’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  36. 36.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 20% of it. How many rupees are saved?
  37. 37.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  38. 38.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  39. 39.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  40. 40.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 218
  2. putting profit back in
  3. 200
  4. for bad days and goals
  5. 64
  6. 480
  7. reinvesting
  8. profit put in a bank
  9. 100
  10. a piggy bank for later
  11. a new video game
  12. talk to parents
  13. saving
  14. saving
  15. 350
  16. spending
  17. 100
  18. buying a second juicer
  19. 18
  20. 200
  21. can I pay it back?
  22. the cost of borrowing
  23. 510
  24. 140
  25. 24
  26. 180
  27. 500
  28. 180
  29. 640
  30. 204
  31. 20
  32. 350
  33. reinvesting
  34. reinvesting
  35. saving
  36. 180
  37. to keep trust
  38. spending
  39. a cinema ticket
  40. 648

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