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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 154 · 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 saving? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  2. 2.Aarav’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  5. 5.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Joseph’s stall made a profit of ₹2000. Joseph saves 50% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) better paint for cards
  8. 8.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  13. 13.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  15. 15.Zoya’s stall made a profit of ₹1300. Zoya saves 25% of it. How many rupees are saved?
  16. 16.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) better paint for cards (d) a cinema ticket
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) buying a second juicer
  19. 19.Ishaan’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Nisha’s stall made a profit of ₹1300. Nisha saves 25% of it. How many rupees are saved?
  21. 21.Diya’s stall made a profit of ₹600. 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) profit put in a bank (d) a cinema ticket
  23. 23.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  24. 24.Vihaan’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Aarav’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  28. 28.Ishaan’s stall made a profit of ₹300. Ishaan saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  31. 31.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  35. 35.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  37. 37.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Saanvi’s stall made a profit of ₹500. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  40. 40.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. a piggy bank for later
  2. 650
  3. putting profit back in
  4. a new video game
  5. 121
  6. 1000
  7. better paint for cards
  8. 135
  9. 6
  10. 45
  11. 36
  12. reinvesting
  13. can I pay it back?
  14. talk to parents
  15. 325
  16. an emergency fund
  17. reinvesting
  18. sweets for yourself
  19. 680
  20. 325
  21. 330
  22. buying a second juicer
  23. to keep trust
  24. 750
  25. 16
  26. 180
  27. a cinema ticket
  28. 60
  29. 812
  30. saving
  31. 14
  32. 218
  33. 168
  34. spending
  35. profit put in a bank
  36. saving
  37. 805
  38. 125
  39. saving
  40. 880

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