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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 939 · 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 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  6. 6.Kavya’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.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 ₹)?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  9. 9.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  12. 12.Joseph’s stall made a profit of ₹900. Joseph saves 25% of it. How many rupees are saved?
  13. 13.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  14. 14.Gurpreet’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?
  15. 15.Aarav’s stall made a profit of ₹1100. Aarav saves 10% of it. How many rupees are saved?
  16. 16.Lakshmi’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  18. 18.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  21. 21.Kavya’s stall made a profit of ₹700. Kavya saves 25% of it. How many rupees are saved?
  22. 22.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  23. 23.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 25% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) an emergency fund (d) profit put in a bank
  26. 26.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Ananya’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  29. 29.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  32. 32.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) profit put in a bank
  33. 33.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  35. 35.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Zoya’s stall made a profit of ₹600. Zoya saves 50% of it. How many rupees are saved?
  38. 38.Saanvi’s stall made a profit of ₹1700. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) sweets for yourself
  40. 40.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 248
  2. 112
  3. sweets for yourself
  4. reinvesting
  5. can I pay it back?
  6. 300
  7. 220
  8. saving
  9. 120
  10. saving
  11. talk to parents
  12. 225
  13. to keep trust
  14. 450
  15. 110
  16. 1045
  17. reinvesting
  18. 70
  19. 1170
  20. spending
  21. 175
  22. putting profit back in
  23. 450
  24. reinvesting
  25. a new video game
  26. 48
  27. 660
  28. a piggy bank for later
  29. 80
  30. for bad days and goals
  31. spending
  32. a cinema ticket
  33. 12
  34. better paint for cards
  35. 180
  36. 1060
  37. 300
  38. 425
  39. buying a second juicer
  40. 75

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