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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 463 · 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 reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) more seeds for next time
  2. 2.Dev’s stall made a profit of ₹1600. Dev saves 50% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  5. 5.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  7. 7.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Rohan’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Aarav’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Kavya’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  16. 16.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  18. 18.Kavya’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Arjun’s stall made a profit of ₹1000. Arjun saves 25% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  21. 21.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  23. 23.Which of these is saving? (a) a new video game (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  27. 27.Joseph’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Riya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Kabir’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  31. 31.Meera’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Diya’s stall made a profit of ₹300. Diya saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Rohan’s stall made a profit of ₹700. Rohan saves 50% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹300. Kabir saves 50% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. 800
  3. 54
  4. saving
  5. 20
  6. for bad days and goals
  7. 106
  8. 64
  9. 24
  10. 60
  11. 400
  12. 108
  13. 50
  14. 220
  15. the cost of borrowing
  16. better paint for cards
  17. spending
  18. 420
  19. 250
  20. reinvesting
  21. 560
  22. a cinema ticket
  23. profit put in a bank
  24. reinvesting
  25. talk to parents
  26. reinvesting
  27. 120
  28. 600
  29. 640
  30. spending
  31. 120
  32. 208
  33. 30
  34. saving
  35. 650
  36. 350
  37. 80
  38. 7
  39. 60
  40. 150

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