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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 45 · 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 spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  2. 2.Arjun’s stall made a profit of ₹1300. Arjun saves 25% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  4. 4.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  10. 10.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  13. 13.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  16. 16.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  17. 17.Saanvi’s stall made a profit of ₹1000. Saanvi saves 20% of it. How many rupees are saved?
  18. 18.Diya’s stall made a profit of ₹300. Diya saves 10% of it. How many rupees are saved?
  19. 19.Ananya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
  21. 21.Saanvi’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  23. 23.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  28. 28.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  31. 31.Dev’s stall made a profit of ₹1800. Dev saves 20% of it. How many rupees are saved?
  32. 32.Meera’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Diya’s stall made a profit of ₹1600. Diya saves 20% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  36. 36.Arjun’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹1300. Zoya saves 50% of it. How many rupees are saved?
  39. 39.Meera’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Diya’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. a cinema ticket
  2. 325
  3. reinvesting
  4. 28
  5. 275
  6. 918
  7. 40
  8. talk to parents
  9. spending
  10. the cost of borrowing
  11. spending
  12. reinvesting
  13. 30
  14. 8
  15. putting profit back in
  16. an emergency fund
  17. 200
  18. 30
  19. 180
  20. profit put in a bank
  21. 150
  22. for bad days and goals
  23. 60
  24. reinvesting
  25. 672
  26. 348
  27. can I pay it back?
  28. 14
  29. 309
  30. sweets for yourself
  31. 360
  32. 960
  33. 24
  34. 320
  35. saving
  36. 220
  37. 600
  38. 650
  39. 400
  40. 1100

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