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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 228 · 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  2. 2.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  5. 5.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) more seeds for next time
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  8. 8.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  9. 9.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  10. 10.Rohan’s stall made a profit of ₹300. Rohan saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Joseph’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 spent?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  14. 14.Kavya’s stall made a profit of ₹500. Kavya saves 10% of it. How many rupees are saved?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  17. 17.Dev’s stall made a profit of ₹800. Dev saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) more seeds for next time
  20. 20.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Ishaan’s stall made a profit of ₹400. Ishaan saves 20% of it. How many rupees are saved?
  25. 25.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  26. 26.Rohan’s stall made a profit of ₹500. Rohan saves 25% of it. How many rupees are saved?
  27. 27.Zoya’s stall made a profit of ₹200. Zoya saves 10% of it. How many rupees are saved?
  28. 28.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) buying a second juicer (d) sweets for yourself
  29. 29.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  30. 30.Kavya’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Rohan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  35. 35.Riya’s stall made a profit of ₹1000. Riya saves 20% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Ananya’s stall made a profit of ₹1100. Ananya saves 20% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 50% of it. How many rupees are saved?

Answer key

  1. saving
  2. 30
  3. 348
  4. reinvesting
  5. a piggy bank for later
  6. a new video game
  7. talk to parents
  8. better paint for cards
  9. sweets for yourself
  10. 30
  11. 18
  12. 425
  13. spending
  14. 50
  15. to keep trust
  16. spending
  17. 160
  18. 56
  19. profit put in a bank
  20. 944
  21. 206
  22. 1090
  23. 321
  24. 80
  25. more seeds for next time
  26. 125
  27. 20
  28. buying a second juicer
  29. can I pay it back?
  30. 400
  31. 450
  32. 306
  33. a cinema ticket
  34. saving
  35. 200
  36. 1020
  37. 315
  38. 220
  39. 318
  40. 350

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