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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 889 · 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 spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  2. 2.Farhan’s stall made a profit of ₹1800. Farhan saves 10% of it. How many rupees are saved?
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  4. 4.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a new video game
  5. 5.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  9. 9.Arjun’s stall made a profit of ₹600. Arjun saves 10% of it. How many rupees are saved?
  10. 10.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  11. 11.Tara’s stall made a profit of ₹1900. Tara saves 50% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  14. 14.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.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 ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  19. 19.Kabir’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?
  20. 20.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Vihaan’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.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 ₹)?
  25. 25.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  27. 27.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  28. 28.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  29. 29.Saanvi’s stall made a profit of ₹1400. Saanvi saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  32. 32.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Tara’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.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 ₹)?
  35. 35.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) an emergency fund (d) a cinema ticket
  36. 36.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  38. 38.Ananya’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Ananya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving

Answer key

  1. a cinema ticket
  2. 180
  3. to keep trust
  4. profit put in a bank
  5. 280
  6. 230
  7. 6
  8. the cost of borrowing
  9. 60
  10. putting profit back in
  11. 950
  12. spending
  13. saving
  14. 784
  15. 945
  16. 206
  17. 1090
  18. sweets for yourself
  19. 40
  20. 42
  21. 981
  22. 60
  23. 220
  24. 372
  25. a new video game
  26. reinvesting
  27. for bad days and goals
  28. can I pay it back?
  29. 280
  30. 20
  31. talk to parents
  32. 70
  33. 450
  34. 448
  35. better paint for cards
  36. 75
  37. a piggy bank for later
  38. 400
  39. 280
  40. spending

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