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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 658 · 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 ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  4. 4.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?
  5. 5.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  6. 6.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  10. 10.Which of these is saving? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  11. 11.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  12. 12.Rohan’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 reinvested?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  17. 17.Vihaan’s stall made a profit of ₹900. Vihaan saves 50% of it. How many rupees are saved?
  18. 18.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  19. 19.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 ₹)?
  20. 20.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  22. 22.Meera’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  24. 24.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Saanvi’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Gurpreet’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Kavya’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  34. 34.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 ₹)?
  35. 35.Aarav’s stall made a profit of ₹800. Aarav saves 20% of it. How many rupees are saved?
  36. 36.Ananya’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  38. 38.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  40. 40.Lakshmi’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 spent?

Answer key

  1. 927
  2. 36
  3. better paint for cards
  4. 550
  5. to keep trust
  6. 318
  7. spending
  8. putting profit back in
  9. saving
  10. a piggy bank for later
  11. a new video game
  12. 400
  13. reinvesting
  14. a cinema ticket
  15. for bad days and goals
  16. talk to parents
  17. 450
  18. the cost of borrowing
  19. 635
  20. 50
  21. reinvesting
  22. 210
  23. more seeds for next time
  24. 30
  25. 32
  26. 320
  27. 420
  28. 336
  29. 1120
  30. 27
  31. 150
  32. 490
  33. spending
  34. 354
  35. 160
  36. 400
  37. spending
  38. 21
  39. saving
  40. 1080

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