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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 231 · 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: a new video game? (a) reinvesting (b) spending (c) saving
  2. 2.Meera’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  4. 4.Kabir’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 reinvested?
  5. 5.Tara’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?
  6. 6.Kabir’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  9. 9.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  11. 11.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  14. 14.Zoya’s stall made a profit of ₹500. Zoya saves 50% of it. How many rupees are saved?
  15. 15.Vihaan’s stall made a profit of ₹1700. Vihaan saves 20% of it. How many rupees are saved?
  16. 16.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
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Ishaan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  21. 21.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  24. 24.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Diya’s stall made a profit of ₹500. Diya saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  30. 30.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  31. 31.A small family shop borrows ₹800 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 ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Saanvi’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  35. 35.Kabir’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) an emergency fund
  37. 37.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) a new video game
  38. 38.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending

Answer key

  1. spending
  2. 570
  3. to keep trust
  4. 150
  5. 330
  6. 160
  7. sweets for yourself
  8. spending
  9. the cost of borrowing
  10. saving
  11. 824
  12. an emergency fund
  13. talk to parents
  14. 250
  15. 340
  16. profit put in a bank
  17. spending
  18. 620
  19. 510
  20. saving
  21. 10
  22. 280
  23. better paint for cards
  24. 144
  25. 36
  26. 125
  27. 847
  28. 260
  29. putting profit back in
  30. more seeds for next time
  31. 56
  32. 416
  33. 510
  34. saving
  35. 360
  36. buying a second juicer
  37. a new video game
  38. 936
  39. 832
  40. reinvesting

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