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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 54 · 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 new video game (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  2. 2.Ananya’s stall made a profit of ₹1600. Ananya saves 20% of it. How many rupees are saved?
  3. 3.Farhan’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?
  4. 4.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  5. 5.Aarav’s stall made a profit of ₹1000. Aarav saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  9. 9.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 ₹)?
  10. 10.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  14. 14.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  17. 17.Joseph’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  19. 19.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  20. 20.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 ₹)?
  21. 21.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a cinema ticket (d) profit put in a bank
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  23. 23.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  24. 24.Arjun’s stall made a profit of ₹700. Arjun saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  27. 27.Meera’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  30. 30.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Aarav’s stall made a profit of ₹1500. Aarav saves 20% of it. How many rupees are saved?
  34. 34.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 ₹)?
  35. 35.Tara’s stall made a profit of ₹1200. Tara saves 50% of it. How many rupees are saved?
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  39. 39.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  40. 40.Diya’s stall made a profit of ₹1900. Diya saves 25% of it. How many rupees are saved?

Answer key

  1. buying a second juicer
  2. 320
  3. 640
  4. 20
  5. 250
  6. 9
  7. reinvesting
  8. saving
  9. 510
  10. putting profit back in
  11. spending
  12. reinvesting
  13. for bad days and goals
  14. 620
  15. 324
  16. a piggy bank for later
  17. 320
  18. talk to parents
  19. the cost of borrowing
  20. 560
  21. a cinema ticket
  22. saving
  23. sweets for yourself
  24. 350
  25. 8
  26. can I pay it back?
  27. 250
  28. 36
  29. profit put in a bank
  30. 24
  31. 63
  32. 220
  33. 300
  34. 324
  35. 600
  36. reinvesting
  37. 636
  38. spending
  39. an emergency fund
  40. 475

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