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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 571 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Ananya’s stall made a profit of ₹1700. Ananya saves 50% of it. How many rupees are saved?
  2. 2.Rohan’s stall made a profit of ₹1100. Rohan saves 20% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  6. 6.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.💡 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?
  8. 8.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  9. 9.Diya’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) an emergency fund (d) profit put in a bank
  11. 11.Joseph’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  15. 15.Ananya’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.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?
  17. 17.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Zoya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  21. 21.Joseph’s stall made a profit of ₹700. Joseph saves 10% of it. How many rupees are saved?
  22. 22.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  25. 25.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  28. 28.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) better paint for cards
  30. 30.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Arjun’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  33. 33.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Diya’s stall made a profit of ₹1800. Diya saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  38. 38.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  40. 40.Vihaan’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 spent?

Answer key

  1. 850
  2. 220
  3. spending
  4. talk to parents
  5. saving
  6. 27
  7. can I pay it back?
  8. the cost of borrowing
  9. 450
  10. a new video game
  11. 300
  12. saving
  13. 72
  14. spending
  15. 250
  16. 280
  17. 24
  18. 81
  19. 420
  20. reinvesting
  21. 70
  22. 80
  23. 214
  24. sweets for yourself
  25. 1143
  26. 240
  27. an emergency fund
  28. 72
  29. better paint for cards
  30. 728
  31. 880
  32. spending
  33. 508
  34. 950
  35. 900
  36. 708
  37. reinvesting
  38. 864
  39. 70
  40. 720

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