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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 467 · 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.Farhan’s stall made a profit of ₹300. Farhan saves 50% of it. How many rupees are saved?
  2. 2.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  3. 3.Rohan’s stall made a profit of ₹300. Rohan saves 10% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  5. 5.👪 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
  6. 6.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Riya’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Rohan’s stall made a profit of ₹300. Rohan saves 20% of it. How many rupees are saved?
  12. 12.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 ₹)?
  13. 13.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a new video game
  14. 14.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  15. 15.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Joseph’s stall made a profit of ₹200. Joseph saves 10% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  18. 18.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  19. 19.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Kabir’s stall made a profit of ₹500. Kabir saves 25% of it. How many rupees are saved?
  21. 21.Which of these is saving? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  22. 22.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  24. 24.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  26. 26.Nisha’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  28. 28.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) a new video game
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  30. 30.Saanvi’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Aarav’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) profit put in a bank
  33. 33.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) an emergency fund
  34. 34.Aarav’s stall made a profit of ₹1000. Aarav saves 20% of it. How many rupees are saved?
  35. 35.Saanvi’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Ananya’s stall made a profit of ₹600. Ananya saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving

Answer key

  1. 150
  2. more seeds for next time
  3. 30
  4. spending
  5. talk to parents
  6. to keep trust
  7. spending
  8. 24
  9. 16
  10. 490
  11. 60
  12. 324
  13. a new video game
  14. buying a second juicer
  15. 856
  16. 20
  17. reinvesting
  18. the cost of borrowing
  19. 6
  20. 125
  21. an emergency fund
  22. 9
  23. reinvesting
  24. can I pay it back?
  25. spending
  26. 600
  27. putting profit back in
  28. profit put in a bank
  29. saving
  30. 300
  31. 330
  32. better paint for cards
  33. sweets for yourself
  34. 200
  35. 280
  36. 216
  37. 300
  38. 6
  39. 64
  40. saving

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