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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 57 · 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.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Which of these is saving? (a) more seeds for next time (b) a new video game (c) sweets for yourself (d) a piggy bank for later
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  4. 4.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  6. 6.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  9. 9.Diya’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Joseph’s stall made a profit of ₹1600. Joseph saves 50% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  13. 13.Diya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Diya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  17. 17.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  18. 18.Kavya’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.👪 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
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) better paint for cards
  23. 23.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Tara’s stall made a profit of ₹1700. Tara saves 10% of it. How many rupees are saved?
  25. 25.Arjun’s stall made a profit of ₹1600. Arjun saves 25% of it. How many rupees are saved?
  26. 26.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  28. 28.Tara’s stall made a profit of ₹1100. Tara saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  31. 31.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  32. 32.Dev’s stall made a profit of ₹400. Dev saves 25% of it. How many rupees are saved?
  33. 33.Meera’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.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 reinvested?
  35. 35.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  38. 38.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving

Answer key

  1. 80
  2. a piggy bank for later
  3. spending
  4. putting profit back in
  5. spending
  6. 636
  7. reinvesting
  8. saving
  9. 100
  10. 1044
  11. 800
  12. more seeds for next time
  13. 280
  14. 60
  15. 225
  16. for bad days and goals
  17. the cost of borrowing
  18. 280
  19. 35
  20. 1008
  21. talk to parents
  22. a new video game
  23. 36
  24. 170
  25. 400
  26. can I pay it back?
  27. saving
  28. 275
  29. 1080
  30. reinvesting
  31. 40
  32. 100
  33. 700
  34. 600
  35. 354
  36. 945
  37. saving
  38. 824
  39. spending
  40. reinvesting

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