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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 717 · 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 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.Joseph’s stall made a profit of ₹900. Joseph saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  6. 6.Aarav’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  8. 8.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Vihaan’s stall made a profit of ₹800. Vihaan saves 20% of it. How many rupees are saved?
  10. 10.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
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  12. 12.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  14. 14.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  17. 17.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a new video game
  22. 22.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Gurpreet’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Zoya’s stall made a profit of ₹1100. Zoya saves 20% of it. How many rupees are saved?
  25. 25.Kavya’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) buying a second juicer
  27. 27.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) better paint for cards
  29. 29.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  31. 31.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Meera’s stall made a profit of ₹300. Meera saves 20% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  35. 35.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  37. 37.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  38. 38.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹400. Meera saves 10% of it. How many rupees are saved?
  40. 40.Farhan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 20
  2. reinvesting
  3. 450
  4. saving
  5. spending
  6. 450
  7. talk to parents
  8. 32
  9. 160
  10. profit put in a bank
  11. spending
  12. 800
  13. for bad days and goals
  14. 10
  15. 763
  16. reinvesting
  17. 1080
  18. putting profit back in
  19. saving
  20. 636
  21. a new video game
  22. 36
  23. 600
  24. 220
  25. 560
  26. buying a second juicer
  27. 784
  28. better paint for cards
  29. 36
  30. a cinema ticket
  31. 140
  32. 756
  33. 60
  34. reinvesting
  35. 30
  36. sweets for yourself
  37. can I pay it back?
  38. 236
  39. 40
  40. 180

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