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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 420 · 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 saving? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  3. 3.Nisha’s stall made a profit of ₹1800. Nisha saves 10% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Dev’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  8. 8.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) profit put in a bank
  10. 10.Kabir’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  13. 13.Rohan’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Diya’s stall made a profit of ₹500. 25% 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 ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Meera’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?
  17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) a new video game
  18. 18.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  20. 20.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) a cinema ticket
  24. 24.Joseph’s stall made a profit of ₹600. Joseph saves 10% of it. How many rupees are saved?
  25. 25.Farhan’s stall made a profit of ₹1300. Farhan saves 25% of it. How many rupees are saved?
  26. 26.Riya’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 spent?
  27. 27.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  28. 28.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  29. 29.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.💡 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?
  31. 31.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  32. 32.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Tara’s stall made a profit of ₹1500. Tara saves 20% of it. How many rupees are saved?
  34. 34.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) a cinema ticket
  35. 35.Kabir’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  38. 38.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹1600. Aarav saves 25% of it. How many rupees are saved?
  40. 40.Dev’s stall made a profit of ₹1000. Dev saves 50% of it. How many rupees are saved?

Answer key

  1. a piggy bank for later
  2. saving
  3. 180
  4. 24
  5. 210
  6. more seeds for next time
  7. reinvesting
  8. 100
  9. sweets for yourself
  10. 400
  11. spending
  12. reinvesting
  13. 100
  14. 250
  15. 60
  16. 480
  17. a new video game
  18. 30
  19. saving
  20. 990
  21. 520
  22. 840
  23. buying a second juicer
  24. 60
  25. 325
  26. 1200
  27. the cost of borrowing
  28. profit put in a bank
  29. 108
  30. can I pay it back?
  31. for bad days and goals
  32. 18
  33. 300
  34. better paint for cards
  35. 200
  36. to keep trust
  37. talk to parents
  38. 1100
  39. 400
  40. 500

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