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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 639 · 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.Nisha’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) profit put in a bank
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  7. 7.Kavya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  9. 9.Aarav’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) a new video game (d) buying a second juicer
  12. 12.Farhan’s stall made a profit of ₹1700. Farhan saves 10% of it. How many rupees are saved?
  13. 13.Riya’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Gurpreet’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  17. 17.Meera’s stall made a profit of ₹1400. Meera saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Tara’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  31. 31.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Dev’s stall made a profit of ₹800. Dev saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  35. 35.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) profit put in a bank
  37. 37.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Riya’s stall made a profit of ₹800. Riya saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 360
  2. can I pay it back?
  3. more seeds for next time
  4. spending
  5. 672
  6. to keep trust
  7. 560
  8. reinvesting
  9. 600
  10. 210
  11. buying a second juicer
  12. 170
  13. 280
  14. 270
  15. 635
  16. putting profit back in
  17. 700
  18. 20
  19. sweets for yourself
  20. saving
  21. 936
  22. 540
  23. saving
  24. reinvesting
  25. 24
  26. 120
  27. 12
  28. 200
  29. 216
  30. talk to parents
  31. 896
  32. 80
  33. 2
  34. better paint for cards
  35. 972
  36. profit put in a bank
  37. 1040
  38. 228
  39. 400
  40. 80

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