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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 11 · 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.Joseph’s stall made a profit of ₹1400. Joseph saves 25% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  6. 6.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Meera’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  10. 10.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  14. 14.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  16. 16.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  17. 17.Which of these is saving? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  18. 18.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  19. 19.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  21. 21.Kavya’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  23. 23.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Joseph’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Ananya’s stall made a profit of ₹2000. Ananya saves 50% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  29. 29.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Dev’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  34. 34.Lakshmi’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Diya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  40. 40.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 350
  2. 1270
  3. better paint for cards
  4. saving
  5. spending
  6. 220
  7. 400
  8. 15
  9. spending
  10. a cinema ticket
  11. reinvesting
  12. 105
  13. talk to parents
  14. 20
  15. putting profit back in
  16. to keep trust
  17. profit put in a bank
  18. for bad days and goals
  19. 318
  20. saving
  21. 770
  22. buying a second juicer
  23. 250
  24. 3
  25. 330
  26. 1000
  27. spending
  28. saving
  29. 24
  30. 840
  31. 880
  32. 150
  33. can I pay it back?
  34. 240
  35. 270
  36. 510
  37. 8
  38. 495
  39. more seeds for next time
  40. 535

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