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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 320 · 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 reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) an emergency fund
  2. 2.Tara’s stall made a profit of ₹700. Tara saves 10% of it. How many rupees are saved?
  3. 3.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 ₹)?
  4. 4.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  6. 6.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  10. 10.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  12. 12.Farhan’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  14. 14.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  15. 15.Dev’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  21. 21.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) better paint for cards (d) buying a second juicer
  22. 22.Diya’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  25. 25.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Joseph’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Farhan’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Kabir’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  31. 31.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Kavya’s stall made a profit of ₹300. Kavya saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Vihaan’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Vihaan’s stall made a profit of ₹2000. Vihaan saves 10% of it. How many rupees are saved?
  37. 37.Zoya’s stall made a profit of ₹1400. Zoya saves 25% of it. How many rupees are saved?
  38. 38.Diya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. better paint for cards
  2. 70
  3. 321
  4. 90
  5. for bad days and goals
  6. the cost of borrowing
  7. saving
  8. 108
  9. spending
  10. 350
  11. talk to parents
  12. 200
  13. putting profit back in
  14. buying a second juicer
  15. 520
  16. spending
  17. reinvesting
  18. 220
  19. saving
  20. to keep trust
  21. a new video game
  22. 175
  23. more seeds for next time
  24. reinvesting
  25. 30
  26. 32
  27. 600
  28. 605
  29. 760
  30. can I pay it back?
  31. 10
  32. 749
  33. 75
  34. 309
  35. 450
  36. 200
  37. 350
  38. 100
  39. 800
  40. 1150

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