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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 94 · 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.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  3. 3.Kavya’s stall made a profit of ₹1800. Kavya saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Vihaan’s stall made a profit of ₹200. Vihaan saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 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
  8. 8.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  10. 10.Kavya’s stall made a profit of ₹800. Kavya saves 25% of it. How many rupees are saved?
  11. 11.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  12. 12.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) better paint for cards (d) an emergency fund
  13. 13.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  14. 14.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  15. 15.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a piggy bank for later (d) sweets for yourself
  19. 19.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Riya’s stall made a profit of ₹1300. Riya saves 10% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  22. 22.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) more seeds for next time
  23. 23.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  25. 25.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) an emergency fund
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  28. 28.Nisha’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Farhan’s stall made a profit of ₹800. Farhan saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  34. 34.Saanvi’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Ananya’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. spending
  2. to keep trust
  3. 450
  4. 315
  5. 50
  6. 48
  7. for bad days and goals
  8. an emergency fund
  9. talk to parents
  10. 200
  11. the cost of borrowing
  12. a new video game
  13. putting profit back in
  14. more seeds for next time
  15. 116
  16. 763
  17. 12
  18. sweets for yourself
  19. 660
  20. 130
  21. buying a second juicer
  22. a piggy bank for later
  23. 40
  24. a cinema ticket
  25. 530
  26. better paint for cards
  27. saving
  28. 850
  29. 345
  30. 80
  31. 210
  32. saving
  33. saving
  34. 570
  35. 72
  36. 848
  37. 350
  38. 103
  39. 150
  40. 9

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