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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 962 · 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 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) better paint for cards
  3. 3.Kabir’s stall made a profit of ₹1200. Kabir saves 20% of it. How many rupees are saved?
  4. 4.Ananya’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  6. 6.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  7. 7.Tara’s stall made a profit of ₹1800. Tara saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  9. 9.Rohan’s stall made a profit of ₹900. Rohan saves 10% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) a new video game (b) better paint for cards (c) more seeds for next time (d) profit put in a bank
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  12. 12.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  15. 15.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) a new video game
  17. 17.Nisha’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  20. 20.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  21. 21.Nisha’s stall made a profit of ₹1100. Nisha saves 10% of it. How many rupees are saved?
  22. 22.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  23. 23.Farhan’s stall made a profit of ₹900. Farhan saves 25% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Ananya’s stall made a profit of ₹400. Ananya saves 20% of it. How many rupees are saved?
  26. 26.Kabir’s stall made a profit of ₹400. Kabir saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  28. 28.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  31. 31.Rohan’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.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 ₹)?
  35. 35.Riya’s stall made a profit of ₹700. Riya saves 20% of it. How many rupees are saved?
  36. 36.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  37. 37.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  39. 39.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
  40. 40.Arjun’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 36
  2. better paint for cards
  3. 240
  4. 510
  5. an emergency fund
  6. sweets for yourself
  7. 360
  8. spending
  9. 90
  10. profit put in a bank
  11. reinvesting
  12. 1150
  13. 180
  14. talk to parents
  15. 520
  16. a new video game
  17. 280
  18. 42
  19. saving
  20. more seeds for next time
  21. 110
  22. the cost of borrowing
  23. 225
  24. 2
  25. 80
  26. 100
  27. spending
  28. to keep trust
  29. reinvesting
  30. saving
  31. 140
  32. 575
  33. 318
  34. 1170
  35. 140
  36. putting profit back in
  37. 354
  38. reinvesting
  39. 140
  40. 200

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