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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 875 · 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.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  3. 3.Farhan’s stall made a profit of ₹1100. Farhan saves 25% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  5. 5.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Aarav’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  8. 8.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  10. 10.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  11. 11.Kavya’s stall made a profit of ₹800. Kavya saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  15. 15.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Kavya’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Dev’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  21. 21.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  23. 23.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 ₹)?
  24. 24.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) more seeds for next time
  25. 25.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Dev’s stall made a profit of ₹600. Dev saves 10% of it. How many rupees are saved?
  28. 28.Arjun’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Zoya’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 6% 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 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Aarav’s stall made a profit of ₹400. Aarav saves 25% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  39. 39.Meera’s stall made a profit of ₹1700. Meera saves 50% of it. How many rupees are saved?
  40. 40.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?

Answer key

  1. spending
  2. saving
  3. 275
  4. an emergency fund
  5. 570
  6. 800
  7. the cost of borrowing
  8. to keep trust
  9. reinvesting
  10. 280
  11. 80
  12. 816
  13. a cinema ticket
  14. reinvesting
  15. 372
  16. 72
  17. 280
  18. 300
  19. reinvesting
  20. saving
  21. 15
  22. saving
  23. 432
  24. a piggy bank for later
  25. 21
  26. 60
  27. 60
  28. 540
  29. 900
  30. 18
  31. 12
  32. 228
  33. 12
  34. 784
  35. 100
  36. profit put in a bank
  37. sweets for yourself
  38. talk to parents
  39. 850
  40. can I pay it back?

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