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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 69 · 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.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  2. 2.Meera’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) more seeds for next time
  5. 5.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  6. 6.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Farhan’s stall made a profit of ₹400. Farhan saves 20% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  12. 12.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Zoya’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) more seeds for next time
  16. 16.Rohan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
  18. 18.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  19. 19.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  20. 20.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Tara’s stall made a profit of ₹400. Tara saves 10% of it. How many rupees are saved?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  24. 24.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Gurpreet’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) a new video game
  28. 28.Dev’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🐷 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
  30. 30.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Tara’s stall made a profit of ₹1500. Tara saves 20% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a new video game
  36. 36.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  40. 40.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 ₹)?

Answer key

  1. buying a second juicer
  2. 760
  3. 84
  4. profit put in a bank
  5. 500
  6. 60
  7. 126
  8. 108
  9. 80
  10. 1090
  11. to keep trust
  12. 1140
  13. 360
  14. 780
  15. an emergency fund
  16. 80
  17. 140
  18. the cost of borrowing
  19. putting profit back in
  20. 70
  21. 20
  22. 40
  23. talk to parents
  24. a piggy bank for later
  25. 545
  26. 175
  27. more seeds for next time
  28. 1000
  29. for bad days and goals
  30. 50
  31. 180
  32. 354
  33. 4
  34. 300
  35. better paint for cards
  36. 726
  37. 54
  38. 21
  39. reinvesting
  40. 535

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