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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 806 · 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 ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Diya’s stall made a profit of ₹300. Diya saves 25% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  4. 4.Kabir’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  6. 6.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Meera’s stall made a profit of ₹1100. Meera saves 10% of it. How many rupees are saved?
  8. 8.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  9. 9.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  10. 10.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  12. 12.Meera’s stall made a profit of ₹1400. Meera saves 50% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  15. 15.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  17. 17.Joseph’s stall made a profit of ₹400. Joseph saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  20. 20.Zoya’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Joseph’s stall made a profit of ₹800. Joseph saves 10% of it. How many rupees are saved?
  22. 22.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) buying a second juicer
  23. 23.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  24. 24.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  29. 29.Kabir’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?
  30. 30.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  32. 32.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  35. 35.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  36. 36.Rohan’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  38. 38.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  39. 39.Aarav’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 981
  2. 75
  3. buying a second juicer
  4. 440
  5. spending
  6. 972
  7. 110
  8. 140
  9. can I pay it back?
  10. for bad days and goals
  11. saving
  12. 700
  13. 428
  14. better paint for cards
  15. 896
  16. reinvesting
  17. 200
  18. 118
  19. profit put in a bank
  20. 120
  21. 80
  22. an emergency fund
  23. a piggy bank for later
  24. 170
  25. 847
  26. 990
  27. 98
  28. spending
  29. 455
  30. 972
  31. putting profit back in
  32. 318
  33. talk to parents
  34. saving
  35. to keep trust
  36. 675
  37. saving
  38. the cost of borrowing
  39. 450
  40. 42

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