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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 816 · 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) to pay more interest (d) it does not matter
  2. 2.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  3. 3.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  4. 4.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Riya’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.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
  7. 7.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 ₹)?
  8. 8.Farhan’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  11. 11.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  14. 14.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  16. 16.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  19. 19.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Arjun’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?
  22. 22.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  23. 23.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  24. 24.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 9% 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 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  29. 29.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  30. 30.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) more seeds for next time
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  32. 32.Lakshmi’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  35. 35.Farhan’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?
  36. 36.Nisha’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Farhan’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Nisha’s stall made a profit of ₹1700. Nisha saves 10% of it. How many rupees are saved?
  39. 39.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket

Answer key

  1. to keep trust
  2. 60
  3. the cost of borrowing
  4. 216
  5. 480
  6. better paint for cards
  7. 784
  8. 385
  9. 318
  10. reinvesting
  11. 4
  12. 28
  13. more seeds for next time
  14. 432
  15. reinvesting
  16. 480
  17. spending
  18. saving
  19. 981
  20. 360
  21. 550
  22. putting profit back in
  23. for bad days and goals
  24. 856
  25. 306
  26. 327
  27. 812
  28. saving
  29. 70
  30. a piggy bank for later
  31. talk to parents
  32. 475
  33. 54
  34. can I pay it back?
  35. 200
  36. 900
  37. 100
  38. 170
  39. 140
  40. a cinema ticket

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