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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 410 · 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) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  2. 2.Lakshmi’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  4. 4.Saanvi’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  7. 7.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
  8. 8.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a new video game
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  11. 11.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  16. 16.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
  17. 17.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Ishaan’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  21. 21.Kabir’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) more seeds for next time
  23. 23.Rohan’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) a new video game
  27. 27.Rohan’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  29. 29.Ananya’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Joseph’s stall made a profit of ₹900. Joseph saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  32. 32.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  34. 34.Aarav’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) an emergency fund
  37. 37.Tara’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  39. 39.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason

Answer key

  1. buying a second juicer
  2. 180
  3. reinvesting
  4. 160
  5. 54
  6. spending
  7. profit put in a bank
  8. 936
  9. a new video game
  10. spending
  11. 30
  12. 280
  13. 214
  14. 40
  15. saving
  16. better paint for cards
  17. 45
  18. 40
  19. 992
  20. can I pay it back?
  21. 480
  22. a piggy bank for later
  23. 810
  24. 90
  25. 590
  26. an emergency fund
  27. 760
  28. saving
  29. 120
  30. 180
  31. reinvesting
  32. 105
  33. putting profit back in
  34. 440
  35. 54
  36. sweets for yourself
  37. 390
  38. to keep trust
  39. 40
  40. for bad days and goals

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