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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 64 · 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.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  2. 2.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  4. 4.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  6. 6.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Ishaan’s stall made a profit of ₹1000. Ishaan saves 50% of it. How many rupees are saved?
  8. 8.Zoya’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  10. 10.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  11. 11.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  12. 12.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) more seeds for next time
  14. 14.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) an emergency fund
  16. 16.Riya’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 spent?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  18. 18.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a new video game
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  20. 20.Ishaan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Dev’s stall made a profit of ₹1000. Dev saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  26. 26.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) profit put in a bank
  27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  30. 30.Rohan’s stall made a profit of ₹300. Rohan saves 10% of it. How many rupees are saved?
  31. 31.Tara’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Lakshmi’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Dev’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Nisha’s stall made a profit of ₹1200. Nisha saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift

Answer key

  1. spending
  2. 80
  3. for bad days and goals
  4. 40
  5. profit put in a bank
  6. 770
  7. 500
  8. 585
  9. talk to parents
  10. better paint for cards
  11. to keep trust
  12. 206
  13. sweets for yourself
  14. 24
  15. more seeds for next time
  16. 630
  17. spending
  18. an emergency fund
  19. saving
  20. 1020
  21. 672
  22. 1062
  23. 330
  24. 200
  25. saving
  26. buying a second juicer
  27. 260
  28. reinvesting
  29. saving
  30. 30
  31. 210
  32. 345
  33. 48
  34. 832
  35. 240
  36. 850
  37. 300
  38. 220
  39. 120
  40. the cost of borrowing

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