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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 406 · 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) a new video game (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  2. 2.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
  3. 3.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  4. 4.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  8. 8.Arjun’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  10. 10.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  12. 12.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  14. 14.Diya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  16. 16.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 20% of it. How many rupees are saved?
  18. 18.🐷 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
  19. 19.Dev’s stall made a profit of ₹200. Dev saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Rohan’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Which of these is saving? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) better paint for cards
  24. 24.Meera’s stall made a profit of ₹800. Meera saves 25% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Farhan’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  28. 28.Ishaan’s stall made a profit of ₹1000. Ishaan saves 10% of it. How many rupees are saved?
  29. 29.Nisha’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  31. 31.Tara’s stall made a profit of ₹2000. Tara saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Saanvi’s stall made a profit of ₹1000. Saanvi saves 20% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  38. 38.Riya’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 10% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting

Answer key

  1. more seeds for next time
  2. 250
  3. the cost of borrowing
  4. 18
  5. 464
  6. 24
  7. saving
  8. 715
  9. talk to parents
  10. putting profit back in
  11. spending
  12. can I pay it back?
  13. reinvesting
  14. 420
  15. saving
  16. 420
  17. 180
  18. for bad days and goals
  19. 100
  20. 36
  21. 910
  22. 162
  23. profit put in a bank
  24. 200
  25. 424
  26. 320
  27. sweets for yourself
  28. 100
  29. 420
  30. a piggy bank for later
  31. 200
  32. 742
  33. 30
  34. 24
  35. 20
  36. 200
  37. a cinema ticket
  38. 475
  39. 200
  40. reinvesting

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