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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 105 · 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 reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) an emergency fund
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  4. 4.Aarav’s stall made a profit of ₹1500. Aarav saves 50% of it. How many rupees are saved?
  5. 5.Diya’s stall made a profit of ₹1700. Diya saves 25% of it. How many rupees are saved?
  6. 6.Riya’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  8. 8.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) profit put in a bank
  9. 9.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  11. 11.Ananya’s stall made a profit of ₹800. Ananya saves 20% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  13. 13.Farhan’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  18. 18.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) profit put in a bank
  20. 20.Diya’s stall made a profit of ₹1900. Diya saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  24. 24.Zoya’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 spent?
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  26. 26.Aarav’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?
  27. 27.Farhan’s stall made a profit of ₹1700. Farhan saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  30. 30.Meera’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) more seeds for next time
  32. 32.Riya’s stall made a profit of ₹700. Riya saves 20% of it. How many rupees are saved?
  33. 33.Arjun’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Gurpreet’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Tara’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Ishaan’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Joseph’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. buying a second juicer
  2. spending
  3. talk to parents
  4. 750
  5. 425
  6. 550
  7. profit put in a bank
  8. sweets for yourself
  9. 648
  10. spending
  11. 160
  12. reinvesting
  13. 150
  14. 60
  15. 981
  16. 868
  17. the cost of borrowing
  18. 242
  19. better paint for cards
  20. 380
  21. 726
  22. 749
  23. an emergency fund
  24. 350
  25. spending
  26. 280
  27. 425
  28. 1080
  29. can I pay it back?
  30. 120
  31. more seeds for next time
  32. 140
  33. 585
  34. 140
  35. 618
  36. 550
  37. 330
  38. 600
  39. 180
  40. 600

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