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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 804 · 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.Meera’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Kabir’s stall made a profit of ₹900. Kabir saves 10% of it. How many rupees are saved?
  3. 3.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  5. 5.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  6. 6.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  8. 8.Arjun’s stall made a profit of ₹1700. Arjun saves 50% of it. How many rupees are saved?
  9. 9.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  10. 10.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 ₹)?
  11. 11.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  13. 13.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  14. 14.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) more seeds for next time
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  17. 17.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  20. 20.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  21. 21.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  23. 23.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  28. 28.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) an emergency fund
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  30. 30.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 25% of it. How many rupees are saved?
  33. 33.Nisha’s stall made a profit of ₹700. Nisha saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  36. 36.Aarav’s stall made a profit of ₹1900. Aarav saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  39. 39.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 540
  2. 90
  3. can I pay it back?
  4. talk to parents
  5. the cost of borrowing
  6. 684
  7. saving
  8. 850
  9. for bad days and goals
  10. 780
  11. 50
  12. profit put in a bank
  13. to keep trust
  14. 180
  15. sweets for yourself
  16. reinvesting
  17. 8
  18. saving
  19. reinvesting
  20. putting profit back in
  21. 24
  22. more seeds for next time
  23. 35
  24. 848
  25. 115
  26. 90
  27. spending
  28. a new video game
  29. spending
  30. 24
  31. 416
  32. 425
  33. 175
  34. 832
  35. 100
  36. 380
  37. 910
  38. spending
  39. 714
  40. 104

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