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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 424 · 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.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  2. 2.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 ₹)?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  4. 4.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 10% of it. How many rupees are saved?
  6. 6.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  7. 7.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.Kabir’s stall made a profit of ₹1600. Kabir saves 20% of it. How many rupees are saved?
  9. 9.🐷 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
  10. 10.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  12. 12.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) an emergency fund
  13. 13.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  14. 14.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  18. 18.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  19. 19.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Lakshmi’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Farhan’s stall made a profit of ₹600. Farhan saves 50% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  24. 24.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹1100. Ananya saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  28. 28.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  29. 29.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  31. 31.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  32. 32.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Ishaan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Ananya’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 spent?
  36. 36.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  37. 37.Zoya’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Aarav’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. reinvesting
  2. 1100
  3. spending
  4. 108
  5. 180
  6. a cinema ticket
  7. 327
  8. 320
  9. for bad days and goals
  10. an emergency fund
  11. talk to parents
  12. buying a second juicer
  13. sweets for yourself
  14. 64
  15. 60
  16. 212
  17. more seeds for next time
  18. a piggy bank for later
  19. 128
  20. 330
  21. 436
  22. 300
  23. saving
  24. 200
  25. 220
  26. 220
  27. the cost of borrowing
  28. profit put in a bank
  29. 24
  30. 325
  31. can I pay it back?
  32. 60
  33. 20
  34. 240
  35. 880
  36. putting profit back in
  37. 240
  38. 80
  39. 954
  40. 220

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