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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 980 · 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 ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  4. 4.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  6. 6.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  7. 7.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.Aarav’s stall made a profit of ₹1800. Aarav saves 10% of it. How many rupees are saved?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  10. 10.Riya’s stall made a profit of ₹300. Riya saves 25% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a new video game
  13. 13.Kavya’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Ananya’s stall made a profit of ₹1200. Ananya saves 20% of it. How many rupees are saved?
  15. 15.Dev’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Joseph’s stall made a profit of ₹1900. Joseph saves 25% of it. How many rupees are saved?
  17. 17.Saanvi’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  22. 22.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  25. 25.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  26. 26.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a new video game (d) buying a second juicer
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) profit put in a bank
  28. 28.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  29. 29.Gurpreet’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Meera’s stall made a profit of ₹1100. Meera saves 10% of it. How many rupees are saved?
  31. 31.Meera’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  34. 34.Rohan’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  36. 36.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) a new video game
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  38. 38.Farhan’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?
  39. 39.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 624
  2. reinvesting
  3. putting profit back in
  4. 40
  5. for bad days and goals
  6. can I pay it back?
  7. 992
  8. 180
  9. talk to parents
  10. 75
  11. 168
  12. a new video game
  13. 360
  14. 240
  15. 225
  16. 475
  17. 950
  18. 340
  19. 1060
  20. spending
  21. saving
  22. 12
  23. 208
  24. an emergency fund
  25. the cost of borrowing
  26. buying a second juicer
  27. a cinema ticket
  28. to keep trust
  29. 80
  30. 110
  31. 450
  32. 464
  33. more seeds for next time
  34. 500
  35. spending
  36. a piggy bank for later
  37. saving
  38. 570
  39. 8
  40. 10

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