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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 788 · 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 ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  3. 3.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  6. 6.Aarav’s stall made a profit of ₹1900. Aarav saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  9. 9.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) better paint for cards
  12. 12.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  14. 14.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  17. 17.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) better paint for cards (d) sweets for yourself
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  20. 20.Farhan’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Ishaan’s stall made a profit of ₹1900. Ishaan saves 25% of it. How many rupees are saved?
  22. 22.Vihaan’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Diya’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  25. 25.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  27. 27.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  29. 29.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Zoya’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  34. 34.Ananya’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  37. 37.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) an emergency fund
  39. 39.💡 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
  40. 40.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 72
  2. profit put in a bank
  3. 48
  4. reinvesting
  5. saving
  6. 950
  7. 147
  8. for bad days and goals
  9. 864
  10. 312
  11. a new video game
  12. more seeds for next time
  13. putting profit back in
  14. the cost of borrowing
  15. to keep trust
  16. saving
  17. 1060
  18. better paint for cards
  19. talk to parents
  20. 455
  21. 475
  22. 480
  23. 140
  24. reinvesting
  25. 321
  26. sweets for yourself
  27. 60
  28. spending
  29. 12
  30. 112
  31. 620
  32. 200
  33. buying a second juicer
  34. 210
  35. spending
  36. saving
  37. 1170
  38. an emergency fund
  39. can I pay it back?
  40. 824

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