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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 548 · 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.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  2. 2.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Ananya’s stall made a profit of ₹200. Ananya saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  5. 5.Riya’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 spent?
  6. 6.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Arjun’s stall made a profit of ₹1200. Arjun saves 10% of it. How many rupees are saved?
  8. 8.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) better paint for cards
  9. 9.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  11. 11.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Vihaan’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Joseph’s stall made a profit of ₹900. Joseph saves 25% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  16. 16.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  17. 17.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  19. 19.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  21. 21.Zoya’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?
  22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  23. 23.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Lakshmi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Nisha’s stall made a profit of ₹1300. Nisha saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Ananya’s stall made a profit of ₹1200. Ananya saves 25% of it. How many rupees are saved?
  29. 29.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  30. 30.Rohan’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?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  32. 32.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  33. 33.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  34. 34.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) buying a second juicer
  35. 35.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  36. 36.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Tara’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Diya’s stall made a profit of ₹200. Diya saves 10% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) more seeds for next time (d) profit put in a bank

Answer key

  1. can I pay it back?
  2. 412
  3. 100
  4. spending
  5. 1200
  6. 140
  7. 120
  8. a piggy bank for later
  9. 40
  10. saving
  11. 40
  12. 80
  13. 225
  14. reinvesting
  15. saving
  16. putting profit back in
  17. 654
  18. saving
  19. 104
  20. talk to parents
  21. 420
  22. a cinema ticket
  23. 968
  24. 440
  25. 130
  26. 12
  27. 1180
  28. 300
  29. 125
  30. 330
  31. reinvesting
  32. for bad days and goals
  33. sweets for yourself
  34. profit put in a bank
  35. the cost of borrowing
  36. 742
  37. 280
  38. 200
  39. 20
  40. a new video game

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