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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 927 · 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 teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  2. 2.Ananya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Ananya’s stall made a profit of ₹1300. Ananya saves 10% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
  5. 5.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) profit put in a bank
  6. 6.Nisha’s stall made a profit of ₹400. Nisha saves 20% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) a cinema ticket
  8. 8.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  9. 9.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  11. 11.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) buying a second juicer
  12. 12.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  14. 14.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Arjun’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Dev’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Arjun’s stall made a profit of ₹2000. Arjun saves 25% of it. How many rupees are saved?
  20. 20.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  24. 24.Rohan’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Lakshmi’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Aarav’s stall made a profit of ₹2000. Aarav saves 20% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  30. 30.Dev’s stall made a profit of ₹1700. Dev saves 25% of it. How many rupees are saved?
  31. 31.Tara’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  34. 34.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹600. Vihaan saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Aarav’s stall made a profit of ₹800. Aarav saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. talk to parents
  2. 560
  3. 130
  4. a cinema ticket
  5. better paint for cards
  6. 80
  7. profit put in a bank
  8. can I pay it back?
  9. 6
  10. putting profit back in
  11. an emergency fund
  12. the cost of borrowing
  13. to keep trust
  14. 110
  15. reinvesting
  16. 1240
  17. 260
  18. 605
  19. 500
  20. 100
  21. 1270
  22. reinvesting
  23. reinvesting
  24. 200
  25. 450
  26. 72
  27. 728
  28. 400
  29. buying a second juicer
  30. 425
  31. 300
  32. saving
  33. saving
  34. 348
  35. 60
  36. 150
  37. 16
  38. 200
  39. 360
  40. 1040

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