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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 647 · 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 ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  3. 3.Vihaan’s stall made a profit of ₹1700. Vihaan saves 10% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.👪 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
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  7. 7.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  9. 9.Gurpreet’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  11. 11.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Rohan’s stall made a profit of ₹1800. Rohan saves 10% of it. How many rupees are saved?
  13. 13.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 25% of it. How many rupees are saved?
  17. 17.Riya’s stall made a profit of ₹900. Riya saves 10% of it. How many rupees are saved?
  18. 18.Rohan’s stall made a profit of ₹1700. Rohan saves 20% of it. How many rupees are saved?
  19. 19.Gurpreet’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 spent?
  20. 20.Zoya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  22. 22.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  23. 23.Diya’s stall made a profit of ₹900. Diya saves 50% of it. How many rupees are saved?
  24. 24.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  26. 26.Diya’s stall made a profit of ₹1600. Diya saves 10% of it. How many rupees are saved?
  27. 27.Zoya’s stall made a profit of ₹1900. Zoya saves 50% of it. How many rupees are saved?
  28. 28.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 ₹)?
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  30. 30.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 25% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  32. 32.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  33. 33.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹1300. Kabir saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Dev’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 reinvested?
  38. 38.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  40. 40.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 50
  2. more seeds for next time
  3. 170
  4. 56
  5. talk to parents
  6. reinvesting
  7. 660
  8. spending
  9. 210
  10. can I pay it back?
  11. 60
  12. 180
  13. to keep trust
  14. saving
  15. 120
  16. 75
  17. 90
  18. 340
  19. 960
  20. 225
  21. the cost of borrowing
  22. a new video game
  23. 450
  24. for bad days and goals
  25. saving
  26. 160
  27. 950
  28. 354
  29. saving
  30. 275
  31. sweets for yourself
  32. a cinema ticket
  33. 6
  34. 130
  35. 216
  36. 535
  37. 390
  38. 872
  39. putting profit back in
  40. 1210

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