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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 245 · 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.Meera’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  3. 3.Diya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) buying a second juicer
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  11. 11.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Dev’s stall made a profit of ₹300. Dev saves 50% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) buying a second juicer
  15. 15.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  17. 17.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  18. 18.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  21. 21.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Joseph’s stall made a profit of ₹1400. Joseph saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  26. 26.Tara’s stall made a profit of ₹700. Tara saves 25% of it. How many rupees are saved?
  27. 27.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Rohan’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  31. 31.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) a piggy bank for later
  32. 32.Kavya’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Meera’s stall made a profit of ₹1900. Meera saves 10% of it. How many rupees are saved?
  34. 34.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.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 new video game
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  39. 39.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 275
  2. buying a second juicer
  3. 630
  4. 50
  5. an emergency fund
  6. saving
  7. reinvesting
  8. saving
  9. talk to parents
  10. more seeds for next time
  11. 800
  12. 90
  13. 150
  14. profit put in a bank
  15. 428
  16. spending
  17. the cost of borrowing
  18. 18
  19. to keep trust
  20. sweets for yourself
  21. 105
  22. 140
  23. 312
  24. 12
  25. better paint for cards
  26. 175
  27. 140
  28. 1035
  29. 390
  30. for bad days and goals
  31. a cinema ticket
  32. 480
  33. 190
  34. 50
  35. 208
  36. 254
  37. a new video game
  38. spending
  39. 612
  40. 24

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