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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 457 · 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.Tara’s stall made a profit of ₹300. Tara saves 20% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) an emergency fund (d) sweets for yourself
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  11. 11.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Nisha’s stall made a profit of ₹1900. Nisha saves 50% of it. How many rupees are saved?
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  14. 14.Joseph’s stall made a profit of ₹900. Joseph saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  16. 16.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Which of these is saving? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  20. 20.Ananya’s stall made a profit of ₹1900. Ananya saves 10% of it. How many rupees are saved?
  21. 21.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  23. 23.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Rohan’s stall made a profit of ₹1400. Rohan saves 20% of it. How many rupees are saved?
  26. 26.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  27. 27.Aarav’s stall made a profit of ₹800. Aarav saves 25% of it. How many rupees are saved?
  28. 28.Aarav’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) better paint for cards
  31. 31.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  32. 32.Nisha’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Aarav’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Diya’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  37. 37.Diya’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  39. 39.Ananya’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time

Answer key

  1. 60
  2. 324
  3. reinvesting
  4. 36
  5. reinvesting
  6. better paint for cards
  7. saving
  8. 420
  9. putting profit back in
  10. spending
  11. 50
  12. 950
  13. a cinema ticket
  14. 225
  15. reinvesting
  16. 618
  17. an emergency fund
  18. spending
  19. spending
  20. 190
  21. profit put in a bank
  22. talk to parents
  23. 100
  24. 248
  25. 280
  26. for bad days and goals
  27. 200
  28. 720
  29. 16
  30. a new video game
  31. sweets for yourself
  32. 440
  33. 180
  34. 80
  35. 900
  36. can I pay it back?
  37. 200
  38. 50
  39. 220
  40. more seeds for next time

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