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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 282 · 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) sweets for yourself (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  2. 2.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  4. 4.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  5. 5.Farhan’s stall made a profit of ₹1100. Farhan saves 20% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  9. 9.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Joseph’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  12. 12.Rohan’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Kavya’s stall made a profit of ₹1900. Kavya saves 20% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  16. 16.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  18. 18.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  19. 19.Vihaan’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) an emergency fund
  21. 21.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  22. 22.👪 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
  23. 23.Nisha’s stall made a profit of ₹300. Nisha saves 25% of it. How many rupees are saved?
  24. 24.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  25. 25.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  26. 26.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Lakshmi’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  31. 31.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  36. 36.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Vihaan’s stall made a profit of ₹1300. Vihaan saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Meera’s stall made a profit of ₹500. Meera saves 25% of it. How many rupees are saved?
  40. 40.Kavya’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. a piggy bank for later
  2. 40
  3. spending
  4. profit put in a bank
  5. 220
  6. reinvesting
  7. spending
  8. the cost of borrowing
  9. 42
  10. 320
  11. saving
  12. 630
  13. 380
  14. 660
  15. putting profit back in
  16. for bad days and goals
  17. reinvesting
  18. buying a second juicer
  19. 165
  20. a new video game
  21. can I pay it back?
  22. talk to parents
  23. 75
  24. 130
  25. sweets for yourself
  26. 24
  27. 680
  28. 280
  29. 420
  30. reinvesting
  31. 250
  32. 106
  33. 120
  34. 832
  35. saving
  36. 100
  37. 260
  38. 324
  39. 125
  40. 800

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