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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 29 · 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: sweets for yourself? (a) reinvesting (b) saving (c) spending
  2. 2.Zoya’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) an emergency fund
  5. 5.Rohan’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Saanvi’s stall made a profit of ₹1500. Saanvi saves 50% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  10. 10.Dev’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  15. 15.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  16. 16.Aarav’s stall made a profit of ₹200. Aarav saves 50% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  18. 18.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  19. 19.Rohan’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  21. 21.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 ₹)?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  23. 23.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  26. 26.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 ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Nisha’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  31. 31.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  33. 33.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 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
  35. 35.Joseph’s stall made a profit of ₹600. Joseph saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Joseph’s stall made a profit of ₹1900. Joseph saves 20% of it. How many rupees are saved?
  40. 40.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank

Answer key

  1. spending
  2. 270
  3. 18
  4. a new video game
  5. 510
  6. 763
  7. 750
  8. saving
  9. spending
  10. 720
  11. reinvesting
  12. talk to parents
  13. saving
  14. reinvesting
  15. a piggy bank for later
  16. 100
  17. reinvesting
  18. to keep trust
  19. 240
  20. saving
  21. 590
  22. more seeds for next time
  23. 48
  24. 570
  25. the cost of borrowing
  26. 106
  27. 230
  28. 200
  29. 90
  30. an emergency fund
  31. 180
  32. putting profit back in
  33. 30
  34. for bad days and goals
  35. 150
  36. 24
  37. 954
  38. 436
  39. 380
  40. buying a second juicer

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