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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 931 · 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 ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  3. 3.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  4. 4.Lakshmi’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  8. 8.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 ₹)?
  9. 9.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  10. 10.Ananya’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  12. 12.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Ananya’s stall made a profit of ₹600. Ananya saves 10% of it. How many rupees are saved?
  14. 14.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  16. 16.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Farhan’s stall made a profit of ₹900. Farhan saves 50% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  19. 19.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 ₹)?
  20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  21. 21.Zoya’s stall made a profit of ₹1200. Zoya saves 25% of it. How many rupees are saved?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) a piggy bank for later
  24. 24.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Ishaan’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Gurpreet’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Kavya’s stall made a profit of ₹900. Kavya saves 10% of it. How many rupees are saved?
  30. 30.Ishaan’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Joseph’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Tara’s stall made a profit of ₹300. Tara saves 10% of it. How many rupees are saved?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  35. 35.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 ₹)?
  36. 36.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) more seeds for next time
  37. 37.Dev’s stall made a profit of ₹800. Dev saves 20% of it. How many rupees are saved?
  38. 38.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  39. 39.Diya’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Saanvi’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 12
  2. saving
  3. a cinema ticket
  4. 160
  5. 189
  6. spending
  7. spending
  8. 784
  9. more seeds for next time
  10. 1000
  11. reinvesting
  12. 4
  13. 60
  14. for bad days and goals
  15. saving
  16. 84
  17. 450
  18. reinvesting
  19. 1062
  20. the cost of borrowing
  21. 300
  22. better paint for cards
  23. a new video game
  24. 580
  25. 330
  26. 1000
  27. 28
  28. 250
  29. 90
  30. 950
  31. 848
  32. 120
  33. 30
  34. talk to parents
  35. 1270
  36. an emergency fund
  37. 160
  38. can I pay it back?
  39. 900
  40. 325

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