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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 951 · 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.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
  2. 2.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  3. 3.Nisha’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.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 ₹)?
  5. 5.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) a new video game
  6. 6.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  8. 8.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  10. 10.Which of these is saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) more seeds for next time
  11. 11.Ishaan’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.👪 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
  13. 13.Saanvi’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  16. 16.Kabir’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  19. 19.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Ananya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  22. 22.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  24. 24.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Tara’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Arjun’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  28. 28.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Meera’s stall made a profit of ₹2000. Meera saves 50% of it. How many rupees are saved?
  30. 30.Vihaan’s stall made a profit of ₹300. Vihaan saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) an emergency fund
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  34. 34.Aarav’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Zoya’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Kavya’s stall made a profit of ₹400. Kavya saves 20% of it. How many rupees are saved?
  37. 37.Arjun’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Saanvi’s stall made a profit of ₹700. Saanvi saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. a piggy bank for later
  2. the cost of borrowing
  3. 120
  4. 112
  5. an emergency fund
  6. 48
  7. more seeds for next time
  8. 1080
  9. sweets for yourself
  10. profit put in a bank
  11. 360
  12. talk to parents
  13. 150
  14. 118
  15. spending
  16. 1000
  17. saving
  18. to keep trust
  19. 1200
  20. 280
  21. putting profit back in
  22. 100
  23. reinvesting
  24. 42
  25. 400
  26. 960
  27. spending
  28. 118
  29. 1000
  30. 60
  31. 24
  32. a new video game
  33. saving
  34. 330
  35. 880
  36. 80
  37. 165
  38. 928
  39. 140
  40. 432

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