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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 809 · 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.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  2. 2.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  6. 6.Nisha’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  11. 11.Riya’s stall made a profit of ₹1900. Riya saves 10% of it. How many rupees are saved?
  12. 12.Meera’s stall made a profit of ₹300. Meera saves 10% of it. How many rupees are saved?
  13. 13.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
  14. 14.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) more seeds for next time
  16. 16.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  20. 20.Saanvi’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Diya’s stall made a profit of ₹700. Diya saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) a cinema ticket (b) a new video game (c) better paint for cards (d) a piggy bank for later
  24. 24.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  25. 25.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  26. 26.Meera’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Gurpreet’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  29. 29.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) profit put in a bank
  33. 33.Arjun’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Riya’s stall made a profit of ₹300. Riya saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.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 ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. to keep trust
  2. for bad days and goals
  3. spending
  4. sweets for yourself
  5. spending
  6. 770
  7. 309
  8. a cinema ticket
  9. reinvesting
  10. profit put in a bank
  11. 190
  12. 30
  13. better paint for cards
  14. 48
  15. an emergency fund
  16. 530
  17. talk to parents
  18. reinvesting
  19. saving
  20. 400
  21. 70
  22. 54
  23. a piggy bank for later
  24. 200
  25. buying a second juicer
  26. 560
  27. 160
  28. saving
  29. 30
  30. 220
  31. 1040
  32. a new video game
  33. 320
  34. 330
  35. 75
  36. 484
  37. 60
  38. 448
  39. 832
  40. 721

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