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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 361 · 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 ₹400. Meera saves 20% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  6. 6.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  7. 7.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) sweets for yourself
  8. 8.👪 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
  9. 9.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  11. 11.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) a new video game
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  13. 13.Zoya’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Dev’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  18. 18.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  20. 20.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  21. 21.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) a new video game
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  24. 24.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a cinema ticket
  25. 25.💡 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?
  26. 26.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  27. 27.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Kavya’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  30. 30.Zoya’s stall made a profit of ₹1900. Zoya saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 10% of it. How many rupees are saved?
  33. 33.Nisha’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?
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  35. 35.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 ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Ishaan’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Dev’s stall made a profit of ₹1000. Dev saves 10% of it. How many rupees are saved?
  39. 39.Kavya’s stall made a profit of ₹1200. Kavya saves 10% of it. How many rupees are saved?
  40. 40.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away

Answer key

  1. 80
  2. saving
  3. saving
  4. reinvesting
  5. spending
  6. an emergency fund
  7. a piggy bank for later
  8. talk to parents
  9. 36
  10. reinvesting
  11. better paint for cards
  12. spending
  13. 600
  14. 850
  15. 816
  16. buying a second juicer
  17. to keep trust
  18. 126
  19. more seeds for next time
  20. 120
  21. profit put in a bank
  22. 12
  23. for bad days and goals
  24. a cinema ticket
  25. can I pay it back?
  26. the cost of borrowing
  27. 763
  28. 300
  29. reinvesting
  30. 950
  31. 1210
  32. 170
  33. 760
  34. spending
  35. 321
  36. 10
  37. 550
  38. 100
  39. 120
  40. putting profit back in

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