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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 566 · 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 saving? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  2. 2.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  4. 4.Aarav’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Dev’s stall made a profit of ₹1500. Dev saves 25% of it. How many rupees are saved?
  6. 6.Kabir’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  9. 9.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  10. 10.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  13. 13.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Ananya’s stall made a profit of ₹300. Ananya saves 50% of it. How many rupees are saved?
  17. 17.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  18. 18.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) an emergency fund
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  20. 20.Ananya’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 reinvested?
  21. 21.Saanvi’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  23. 23.Vihaan’s stall made a profit of ₹1900. Vihaan saves 20% of it. How many rupees are saved?
  24. 24.Ananya’s stall made a profit of ₹500. Ananya saves 20% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) a new video game
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  27. 27.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  30. 30.Kabir’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Ananya’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?
  32. 32.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  33. 33.Kabir’s stall made a profit of ₹500. Kabir saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Rohan’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 spent?
  37. 37.Ananya’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  39. 39.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. a piggy bank for later
  2. 18
  3. the cost of borrowing
  4. 570
  5. 375
  6. 75
  7. 327
  8. talk to parents
  9. for bad days and goals
  10. profit put in a bank
  11. saving
  12. reinvesting
  13. 48
  14. 520
  15. 168
  16. 150
  17. putting profit back in
  18. more seeds for next time
  19. spending
  20. 360
  21. 150
  22. a new video game
  23. 380
  24. 100
  25. an emergency fund
  26. saving
  27. better paint for cards
  28. reinvesting
  29. spending
  30. 330
  31. 180
  32. sweets for yourself
  33. 125
  34. 30
  35. 927
  36. 750
  37. 300
  38. a cinema ticket
  39. 1020
  40. 56

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