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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 197 · 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.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Diya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) sweets for yourself
  7. 7.Ananya’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Aarav’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  10. 10.Riya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  12. 12.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  16. 16.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Rohan’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  19. 19.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) a cinema ticket
  21. 21.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  24. 24.Which of these is saving? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  25. 25.Zoya’s stall made a profit of ₹1100. Zoya saves 25% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) an emergency fund
  27. 27.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  28. 28.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Aarav’s stall made a profit of ₹1300. Aarav saves 10% of it. How many rupees are saved?
  30. 30.Kavya’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  32. 32.Joseph’s stall made a profit of ₹300. Joseph saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.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 ₹)?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  36. 36.Gurpreet’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 reinvested?
  37. 37.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Joseph’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Kabir’s stall made a profit of ₹1300. Kabir saves 20% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) a cinema ticket

Answer key

  1. 540
  2. spending
  3. 530
  4. 50
  5. can I pay it back?
  6. more seeds for next time
  7. 765
  8. 450
  9. reinvesting
  10. 360
  11. for bad days and goals
  12. a piggy bank for later
  13. saving
  14. 224
  15. talk to parents
  16. 545
  17. 220
  18. sweets for yourself
  19. 108
  20. better paint for cards
  21. 708
  22. 590
  23. buying a second juicer
  24. profit put in a bank
  25. 275
  26. a new video game
  27. putting profit back in
  28. 496
  29. 130
  30. 640
  31. spending
  32. 150
  33. 212
  34. 105
  35. saving
  36. 550
  37. 545
  38. 480
  39. 260
  40. a cinema ticket

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