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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 171 · 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) a new video game (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  2. 2.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Gurpreet’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) an emergency fund
  5. 5.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  7. 7.Nisha’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  9. 9.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) a piggy bank for later
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  11. 11.Tara’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  16. 16.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  17. 17.Rohan’s stall made a profit of ₹800. Rohan saves 25% of it. How many rupees are saved?
  18. 18.Meera’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  20. 20.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  22. 22.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
  23. 23.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Arjun’s stall made a profit of ₹400. Arjun saves 25% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Vihaan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  28. 28.Dev’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?
  29. 29.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.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 ₹)?
  31. 31.Nisha’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  35. 35.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  36. 36.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  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 new video game
  40. 40.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?

Answer key

  1. a piggy bank for later
  2. 40
  3. 80
  4. an emergency fund
  5. 63
  6. the cost of borrowing
  7. 720
  8. saving
  9. a new video game
  10. talk to parents
  11. 120
  12. 848
  13. 48
  14. saving
  15. reinvesting
  16. for bad days and goals
  17. 200
  18. 700
  19. spending
  20. 700
  21. better paint for cards
  22. a cinema ticket
  23. 70
  24. 100
  25. 243
  26. 40
  27. spending
  28. 600
  29. 27
  30. 1080
  31. 450
  32. buying a second juicer
  33. spending
  34. saving
  35. putting profit back in
  36. 130
  37. 28
  38. 900
  39. more seeds for next time
  40. 400

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