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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 430 · 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: an emergency fund? (a) reinvesting (b) spending (c) saving
  2. 2.Gurpreet’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.Nisha’s stall made a profit of ₹1700. Nisha saves 10% of it. How many rupees are saved?
  4. 4.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  6. 6.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  9. 9.Dev’s stall made a profit of ₹300. Dev saves 50% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  12. 12.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  14. 14.Nisha’s stall made a profit of ₹500. Nisha saves 10% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) better paint for cards (d) profit put in a bank
  16. 16.Diya’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is saving? (a) a new video game (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  18. 18.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  20. 20.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  24. 24.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 ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  27. 27.Farhan’s stall made a profit of ₹1600. Farhan saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Dev’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?
  30. 30.Vihaan’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  32. 32.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  35. 35.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Dev’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Aarav’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Joseph’s stall made a profit of ₹200. Joseph saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. saving
  2. 180
  3. 170
  4. buying a second juicer
  5. a cinema ticket
  6. profit put in a bank
  7. spending
  8. reinvesting
  9. 150
  10. spending
  11. to keep trust
  12. 510
  13. the cost of borrowing
  14. 50
  15. a new video game
  16. 400
  17. a piggy bank for later
  18. 36
  19. talk to parents
  20. 27
  21. spending
  22. 180
  23. can I pay it back?
  24. 214
  25. 64
  26. reinvesting
  27. 400
  28. 63
  29. 240
  30. 140
  31. 180
  32. 300
  33. 520
  34. better paint for cards
  35. 10
  36. 424
  37. 270
  38. 720
  39. 100
  40. 330

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