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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 82 · 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 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Meera’s stall made a profit of ₹800. Meera saves 25% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  5. 5.Rohan’s stall made a profit of ₹400. Rohan saves 50% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time
  8. 8.Which of these is saving? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) sweets for yourself
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  10. 10.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 ₹)?
  11. 11.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  16. 16.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  17. 17.Joseph’s stall made a profit of ₹1100. Joseph saves 25% of it. How many rupees are saved?
  18. 18.🐷 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
  19. 19.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  20. 20.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 25% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  22. 22.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  26. 26.Diya’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  31. 31.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) better paint for cards
  32. 32.Riya’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.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 ₹)?
  35. 35.Kabir’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Ishaan’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Kavya’s stall made a profit of ₹2000. Kavya saves 25% of it. How many rupees are saved?
  38. 38.Kavya’s stall made a profit of ₹800. Kavya saves 25% of it. How many rupees are saved?
  39. 39.Kavya’s stall made a profit of ₹1300. Kavya saves 20% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) sweets for yourself

Answer key

  1. 954
  2. 200
  3. 944
  4. can I pay it back?
  5. 200
  6. 216
  7. a piggy bank for later
  8. profit put in a bank
  9. talk to parents
  10. 428
  11. the cost of borrowing
  12. spending
  13. saving
  14. saving
  15. spending
  16. an emergency fund
  17. 275
  18. for bad days and goals
  19. putting profit back in
  20. 325
  21. reinvesting
  22. 50
  23. 30
  24. 80
  25. reinvesting
  26. 900
  27. 60
  28. 954
  29. 75
  30. more seeds for next time
  31. better paint for cards
  32. 100
  33. 56
  34. 714
  35. 250
  36. 200
  37. 500
  38. 200
  39. 260
  40. sweets for yourself

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