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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 869 · 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.Aarav’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.👪 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
  3. 3.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  4. 4.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  7. 7.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  9. 9.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  10. 10.💡 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?
  11. 11.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) a new video game
  12. 12.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  15. 15.Arjun’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  17. 17.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Dev’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Kabir’s stall made a profit of ₹1700. Kabir saves 25% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Rohan’s stall made a profit of ₹1200. Rohan saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  27. 27.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.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 ₹)?
  31. 31.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) profit put in a bank
  32. 32.Aarav’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  35. 35.Vihaan’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Arjun’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  38. 38.Vihaan’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Ananya’s stall made a profit of ₹800. Ananya saves 20% of it. How many rupees are saved?
  40. 40.Zoya’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 40
  2. talk to parents
  3. more seeds for next time
  4. 14
  5. reinvesting
  6. saving
  7. 530
  8. spending
  9. for bad days and goals
  10. can I pay it back?
  11. an emergency fund
  12. 16
  13. 2
  14. spending
  15. 300
  16. the cost of borrowing
  17. 242
  18. 1080
  19. 605
  20. 450
  21. 425
  22. 15
  23. 575
  24. 600
  25. 147
  26. a piggy bank for later
  27. 60
  28. 54
  29. 72
  30. 327
  31. buying a second juicer
  32. 220
  33. 321
  34. reinvesting
  35. 650
  36. 180
  37. to keep trust
  38. 400
  39. 160
  40. 60

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