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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 960 · 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.Aarav’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  4. 4.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  5. 5.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  7. 7.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) a new video game
  8. 8.Nisha’s stall made a profit of ₹900. Nisha saves 10% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  10. 10.Joseph’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  12. 12.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  13. 13.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  16. 16.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  20. 20.Kavya’s stall made a profit of ₹600. Kavya saves 20% of it. How many rupees are saved?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  22. 22.Farhan’s stall made a profit of ₹1300. Farhan saves 10% of it. How many rupees are saved?
  23. 23.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 ₹)?
  24. 24.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  25. 25.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  32. 32.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  34. 34.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  35. 35.Zoya’s stall made a profit of ₹1000. Zoya saves 50% of it. How many rupees are saved?
  36. 36.Meera’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Ishaan’s stall made a profit of ₹1100. Ishaan saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Diya’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 270
  2. buying a second juicer
  3. reinvesting
  4. for bad days and goals
  5. 954
  6. a new video game
  7. profit put in a bank
  8. 90
  9. spending
  10. 90
  11. sweets for yourself
  12. the cost of borrowing
  13. 106
  14. 72
  15. saving
  16. 1180
  17. 847
  18. 40
  19. spending
  20. 120
  21. talk to parents
  22. 130
  23. 330
  24. can I pay it back?
  25. 336
  26. 8
  27. 360
  28. 120
  29. 16
  30. 14
  31. an emergency fund
  32. a cinema ticket
  33. saving
  34. to keep trust
  35. 500
  36. 360
  37. 110
  38. 30
  39. 232
  40. 360

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