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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 857 · 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.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) more seeds for next time
  2. 2.Meera’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  4. 4.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  5. 5.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  8. 8.Rohan’s stall made a profit of ₹1100. Rohan saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) more seeds for next time
  11. 11.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.👪 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
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  14. 14.Ananya’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  16. 16.Riya’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Saanvi’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  21. 21.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  23. 23.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  30. 30.Zoya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a new video game
  33. 33.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 ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  35. 35.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  36. 36.Aarav’s stall made a profit of ₹1200. Aarav saves 10% of it. How many rupees are saved?
  37. 37.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 ₹)?
  38. 38.Ishaan’s stall made a profit of ₹600. Ishaan saves 50% of it. How many rupees are saved?
  39. 39.Riya’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 spent?
  40. 40.Arjun’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. profit put in a bank
  2. 420
  3. can I pay it back?
  4. 100
  5. to keep trust
  6. saving
  7. saving
  8. 275
  9. 106
  10. a piggy bank for later
  11. 12
  12. talk to parents
  13. a cinema ticket
  14. 1050
  15. the cost of borrowing
  16. 240
  17. 570
  18. 672
  19. 515
  20. reinvesting
  21. 660
  22. sweets for yourself
  23. 75
  24. 56
  25. 90
  26. saving
  27. reinvesting
  28. 110
  29. 40
  30. 300
  31. 63
  32. a new video game
  33. 448
  34. spending
  35. an emergency fund
  36. 120
  37. 309
  38. 300
  39. 810
  40. 120

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