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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 866 · 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 ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) a new video game
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  9. 9.Nisha’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) an emergency fund
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  13. 13.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Dev’s stall made a profit of ₹1800. Dev saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Joseph’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  19. 19.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  21. 21.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  22. 22.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 50% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) profit put in a bank
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  26. 26.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  27. 27.Saanvi’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Diya’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Farhan’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 reinvested?
  32. 32.Aarav’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  35. 35.Meera’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Ananya’s stall made a profit of ₹1900. Ananya saves 20% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  39. 39.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  40. 40.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?

Answer key

  1. 20
  2. 620
  3. profit put in a bank
  4. spending
  5. 324
  6. more seeds for next time
  7. talk to parents
  8. reinvesting
  9. 780
  10. 160
  11. an emergency fund
  12. spending
  13. 18
  14. 206
  15. 180
  16. 345
  17. 900
  18. to keep trust
  19. 918
  20. saving
  21. sweets for yourself
  22. 535
  23. 250
  24. buying a second juicer
  25. saving
  26. putting profit back in
  27. 450
  28. 100
  29. 72
  30. 490
  31. 400
  32. 680
  33. 54
  34. saving
  35. 200
  36. 380
  37. a cinema ticket
  38. spending
  39. reinvesting
  40. can I pay it back?

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