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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 710 · 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 ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
  3. 3.Dev’s stall made a profit of ₹400. Dev saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  8. 8.Tara’s stall made a profit of ₹1900. Tara saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  12. 12.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  13. 13.Kavya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  15. 15.Which of these is saving? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  16. 16.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  17. 17.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  19. 19.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Tara’s stall made a profit of ₹1300. Tara saves 25% of it. How many rupees are saved?
  21. 21.Rohan’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 spent?
  22. 22.Tara’s stall made a profit of ₹900. Tara saves 10% of it. How many rupees are saved?
  23. 23.Diya’s stall made a profit of ₹200. Diya saves 10% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) a piggy bank for later
  25. 25.Nisha’s stall made a profit of ₹800. Nisha saves 10% of it. How many rupees are saved?
  26. 26.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  28. 28.Saanvi’s stall made a profit of ₹1100. Saanvi saves 25% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  31. 31.Tara’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  33. 33.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a new video game
  34. 34.Arjun’s stall made a profit of ₹1700. Arjun saves 50% of it. How many rupees are saved?
  35. 35.Saanvi’s stall made a profit of ₹700. Saanvi saves 25% of it. How many rupees are saved?
  36. 36.Zoya’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  38. 38.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  39. 39.Ananya’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself

Answer key

  1. 12
  2. 375
  3. 100
  4. 1060
  5. 18
  6. talk to parents
  7. spending
  8. 475
  9. 60
  10. 30
  11. saving
  12. can I pay it back?
  13. 605
  14. saving
  15. profit put in a bank
  16. the cost of borrowing
  17. a piggy bank for later
  18. a cinema ticket
  19. 472
  20. 325
  21. 1400
  22. 90
  23. 20
  24. buying a second juicer
  25. 80
  26. to keep trust
  27. spending
  28. 275
  29. a new video game
  30. reinvesting
  31. 550
  32. putting profit back in
  33. more seeds for next time
  34. 850
  35. 175
  36. 990
  37. saving
  38. 90
  39. 390
  40. sweets for yourself

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