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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 155 · 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) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  3. 3.Nisha’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  5. 5.Zoya’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  7. 7.Saanvi’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  9. 9.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  10. 10.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  12. 12.Which of these is saving? (a) profit put in a bank (b) a new video game (c) sweets for yourself (d) more seeds for next time
  13. 13.Kavya’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.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 ₹)?
  15. 15.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Arjun’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Riya’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  20. 20.Saanvi’s stall made a profit of ₹700. Saanvi saves 20% of it. How many rupees are saved?
  21. 21.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  22. 22.Ishaan’s stall made a profit of ₹1800. Ishaan saves 10% of it. How many rupees are saved?
  23. 23.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  24. 24.Lakshmi’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Nisha’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Joseph’s stall made a profit of ₹600. Joseph saves 25% of it. How many rupees are saved?
  27. 27.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  28. 28.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  30. 30.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  31. 31.Riya’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  33. 33.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Dev’s stall made a profit of ₹2000. Dev saves 25% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  37. 37.Aarav’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Ishaan’s stall made a profit of ₹600. Ishaan saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. talk to parents
  3. 320
  4. reinvesting
  5. 850
  6. saving
  7. 650
  8. sweets for yourself
  9. to keep trust
  10. 424
  11. spending
  12. profit put in a bank
  13. 330
  14. 600
  15. 880
  16. 360
  17. 756
  18. 600
  19. saving
  20. 140
  21. can I pay it back?
  22. 180
  23. 60
  24. 75
  25. 520
  26. 150
  27. the cost of borrowing
  28. 30
  29. reinvesting
  30. a cinema ticket
  31. 500
  32. reinvesting
  33. 14
  34. 525
  35. 500
  36. a piggy bank for later
  37. 660
  38. 150
  39. 1100
  40. 100

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