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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 900 · 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 ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Tara’s stall made a profit of ₹1100. Tara saves 20% of it. How many rupees are saved?
  3. 3.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) buying a second juicer
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Diya’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Riya’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Kabir’s stall made a profit of ₹1400. Kabir saves 25% of it. How many rupees are saved?
  9. 9.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  10. 10.Rohan’s stall made a profit of ₹800. Rohan saves 20% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) profit put in a bank
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  14. 14.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  15. 15.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Vihaan’s stall made a profit of ₹1200. Vihaan saves 10% of it. How many rupees are saved?
  18. 18.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  19. 19.Vihaan’s stall made a profit of ₹1600. Vihaan saves 10% of it. How many rupees are saved?
  20. 20.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  26. 26.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  27. 27.Nisha’s stall made a profit of ₹2000. Nisha saves 50% of it. How many rupees are saved?
  28. 28.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) profit put in a bank
  29. 29.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  30. 30.Aarav’s stall made a profit of ₹1600. Aarav saves 10% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  33. 33.Vihaan’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Gurpreet’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  37. 37.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  38. 38.Tara’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending

Answer key

  1. 618
  2. 220
  3. a cinema ticket
  4. spending
  5. 112
  6. 960
  7. 600
  8. 350
  9. for bad days and goals
  10. 160
  11. 126
  12. more seeds for next time
  13. to keep trust
  14. can I pay it back?
  15. 28
  16. 1030
  17. 120
  18. a piggy bank for later
  19. 160
  20. 425
  21. 45
  22. 108
  23. 1062
  24. the cost of borrowing
  25. talk to parents
  26. buying a second juicer
  27. 1000
  28. a new video game
  29. an emergency fund
  30. 160
  31. saving
  32. saving
  33. 900
  34. 320
  35. 200
  36. sweets for yourself
  37. putting profit back in
  38. 120
  39. 106
  40. spending

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