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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 403 · 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.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) more seeds for next time
  5. 5.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) profit put in a bank
  6. 6.Vihaan’s stall made a profit of ₹1500. Vihaan saves 25% of it. How many rupees are saved?
  7. 7.Saanvi’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  9. 9.Joseph’s stall made a profit of ₹1400. Joseph saves 20% of it. How many rupees are saved?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) an emergency fund (d) better paint for cards
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  14. 14.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 50% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  16. 16.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  19. 19.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) a cinema ticket
  20. 20.Kavya’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?
  21. 21.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  22. 22.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  24. 24.Joseph’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  26. 26.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 ₹)?
  27. 27.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  28. 28.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  29. 29.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Rohan’s stall made a profit of ₹1200. Rohan saves 10% of it. How many rupees are saved?
  32. 32.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  33. 33.Diya’s stall made a profit of ₹1700. Diya saves 50% of it. How many rupees are saved?
  34. 34.Aarav’s stall made a profit of ₹1300. Aarav saves 25% of it. How many rupees are saved?
  35. 35.Zoya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Gurpreet’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  39. 39.Ishaan’s stall made a profit of ₹200. Ishaan saves 20% of it. How many rupees are saved?
  40. 40.Zoya’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 reinvested?

Answer key

  1. 840
  2. saving
  3. a cinema ticket
  4. more seeds for next time
  5. sweets for yourself
  6. 375
  7. 650
  8. reinvesting
  9. 280
  10. talk to parents
  11. better paint for cards
  12. reinvesting
  13. saving
  14. 900
  15. saving
  16. 110
  17. 21
  18. 200
  19. buying a second juicer
  20. 120
  21. a piggy bank for later
  22. 1080
  23. spending
  24. 765
  25. reinvesting
  26. 847
  27. profit put in a bank
  28. the cost of borrowing
  29. 16
  30. 216
  31. 120
  32. can I pay it back?
  33. 850
  34. 325
  35. 70
  36. 600
  37. 1030
  38. putting profit back in
  39. 40
  40. 850

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