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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 930 · 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 ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  4. 4.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) better paint for cards
  6. 6.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  7. 7.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  9. 9.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) more seeds for next time (d) a cinema ticket
  10. 10.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Gurpreet’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.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 ₹)?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  14. 14.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  16. 16.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.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
  18. 18.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Ananya’s stall made a profit of ₹1300. Ananya saves 20% of it. How many rupees are saved?
  22. 22.Farhan’s stall made a profit of ₹200. Farhan saves 50% of it. How many rupees are saved?
  23. 23.Nisha’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?
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  25. 25.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  26. 26.Kabir’s stall made a profit of ₹1000. Kabir saves 10% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) more seeds for next time
  28. 28.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  29. 29.Diya’s stall made a profit of ₹900. Diya saves 10% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  31. 31.Vihaan’s stall made a profit of ₹1000. Vihaan saves 25% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  33. 33.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹1900. Zoya saves 25% of it. How many rupees are saved?
  35. 35.Tara’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Lakshmi’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 20
  2. saving
  3. talk to parents
  4. 306
  5. profit put in a bank
  6. can I pay it back?
  7. the cost of borrowing
  8. saving
  9. a cinema ticket
  10. 56
  11. 400
  12. 228
  13. reinvesting
  14. putting profit back in
  15. to keep trust
  16. 200
  17. a new video game
  18. 714
  19. reinvesting
  20. 220
  21. 260
  22. 100
  23. 300
  24. saving
  25. for bad days and goals
  26. 100
  27. a piggy bank for later
  28. an emergency fund
  29. 90
  30. buying a second juicer
  31. 250
  32. more seeds for next time
  33. 18
  34. 475
  35. 700
  36. spending
  37. 90
  38. 600
  39. 14
  40. 100

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