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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 678 · 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 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
  3. 3.Kabir’s stall made a profit of ₹1700. Kabir saves 10% of it. How many rupees are saved?
  4. 4.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  5. 5.Farhan’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  9. 9.Diya’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  13. 13.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 ₹)?
  14. 14.Arjun’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  16. 16.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  19. 19.Saanvi’s stall made a profit of ₹400. Saanvi saves 50% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) better paint for cards (d) buying a second juicer
  21. 21.Farhan’s stall made a profit of ₹800. Farhan saves 25% of it. How many rupees are saved?
  22. 22.Ananya’s stall made a profit of ₹1900. Ananya saves 25% of it. How many rupees are saved?
  23. 23.Tara’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  25. 25.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  26. 26.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  27. 27.Diya’s stall made a profit of ₹1700. Diya saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Lakshmi’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.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 ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Ishaan’s stall made a profit of ₹900. Ishaan saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Tara’s stall made a profit of ₹1400. Tara saves 10% of it. How many rupees are saved?
  38. 38.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  40. 40.Ishaan’s stall made a profit of ₹200. Ishaan saves 10% of it. How many rupees are saved?

Answer key

  1. 530
  2. buying a second juicer
  3. 170
  4. for bad days and goals
  5. 350
  6. spending
  7. spending
  8. talk to parents
  9. 210
  10. 954
  11. the cost of borrowing
  12. reinvesting
  13. 220
  14. 650
  15. better paint for cards
  16. 312
  17. 424
  18. spending
  19. 200
  20. a cinema ticket
  21. 200
  22. 475
  23. 100
  24. to keep trust
  25. putting profit back in
  26. a new video game
  27. 425
  28. 12
  29. 100
  30. 240
  31. 896
  32. 36
  33. 1040
  34. 10
  35. 450
  36. 90
  37. 140
  38. 325
  39. sweets for yourself
  40. 20

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