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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 963 · 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 ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Tara’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  5. 5.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  7. 7.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  10. 10.Arjun’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Dev’s stall made a profit of ₹700. Dev saves 20% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) more seeds for next time
  13. 13.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Meera’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 spent?
  17. 17.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  19. 19.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  20. 20.Ishaan’s stall made a profit of ₹600. Ishaan saves 25% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  22. 22.Vihaan’s stall made a profit of ₹1700. Vihaan saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  26. 26.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) profit put in a bank
  27. 27.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  28. 28.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  29. 29.Dev’s stall made a profit of ₹1000. Dev saves 25% of it. How many rupees are saved?
  30. 30.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  31. 31.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) better paint for cards
  32. 32.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  33. 33.Kavya’s stall made a profit of ₹400. Kavya saves 20% of it. How many rupees are saved?
  34. 34.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  37. 37.Kavya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Arjun’s stall made a profit of ₹800. Arjun saves 10% of it. How many rupees are saved?
  39. 39.Diya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.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 ₹)?

Answer key

  1. 963
  2. 6
  3. 250
  4. talk to parents
  5. a piggy bank for later
  6. saving
  7. a cinema ticket
  8. reinvesting
  9. reinvesting
  10. 600
  11. 140
  12. an emergency fund
  13. 30
  14. 325
  15. 218
  16. 135
  17. better paint for cards
  18. saving
  19. the cost of borrowing
  20. 150
  21. buying a second juicer
  22. 850
  23. 80
  24. sweets for yourself
  25. spending
  26. more seeds for next time
  27. to keep trust
  28. 140
  29. 250
  30. profit put in a bank
  31. a new video game
  32. putting profit back in
  33. 80
  34. can I pay it back?
  35. saving
  36. spending
  37. 150
  38. 80
  39. 560
  40. 660

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