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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 649 · 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 ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  5. 5.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) an emergency fund
  6. 6.Meera’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Aarav’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  9. 9.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  11. 11.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  13. 13.Diya’s stall made a profit of ₹700. Diya saves 50% of it. How many rupees are saved?
  14. 14.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  15. 15.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  17. 17.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  18. 18.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  21. 21.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Ishaan’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  25. 25.Tara’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Diya’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  29. 29.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Diya’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) a new video game
  35. 35.Saanvi’s stall made a profit of ₹600. Saanvi saves 20% of it. How many rupees are saved?
  36. 36.Kavya’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Rohan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Kabir’s stall made a profit of ₹800. Kabir saves 20% of it. How many rupees are saved?
  39. 39.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  40. 40.Nisha’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 342
  2. can I pay it back?
  3. more seeds for next time
  4. sweets for yourself
  5. a new video game
  6. 270
  7. 60
  8. a cinema ticket
  9. 112
  10. saving
  11. 1016
  12. a piggy bank for later
  13. 350
  14. putting profit back in
  15. 168
  16. talk to parents
  17. better paint for cards
  18. 36
  19. to keep trust
  20. saving
  21. 1026
  22. 700
  23. 18
  24. for bad days and goals
  25. 280
  26. 525
  27. spending
  28. spending
  29. 75
  30. reinvesting
  31. 318
  32. 680
  33. 990
  34. profit put in a bank
  35. 120
  36. 240
  37. 240
  38. 160
  39. buying a second juicer
  40. 1260

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