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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 334 · 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.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  2. 2.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  3. 3.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) a cinema ticket (d) sweets for yourself
  4. 4.Tara’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  6. 6.Tara’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  8. 8.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 ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Kabir’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 reinvested?
  11. 11.Kabir’s stall made a profit of ₹200. Kabir saves 10% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) more seeds for next time
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  17. 17.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  18. 18.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  21. 21.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Ishaan’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Joseph’s stall made a profit of ₹1300. Joseph saves 10% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Vihaan’s stall made a profit of ₹700. Vihaan saves 25% of it. How many rupees are saved?
  29. 29.Meera’s stall made a profit of ₹400. Meera saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  33. 33.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  36. 36.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹400 from a bank at 4% 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 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?

Answer key

  1. putting profit back in
  2. sweets for yourself
  3. a piggy bank for later
  4. 660
  5. can I pay it back?
  6. 100
  7. spending
  8. 847
  9. 24
  10. 360
  11. 20
  12. buying a second juicer
  13. 20
  14. 54
  15. an emergency fund
  16. for bad days and goals
  17. the cost of borrowing
  18. 560
  19. 200
  20. reinvesting
  21. 54
  22. 318
  23. 800
  24. 130
  25. 280
  26. 150
  27. 36
  28. 175
  29. 100
  30. 742
  31. 1040
  32. spending
  33. 124
  34. a cinema ticket
  35. talk to parents
  36. 18
  37. 120
  38. 432
  39. 216
  40. 50

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