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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 575 · 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.Lakshmi’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  5. 5.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Arjun’s stall made a profit of ₹800. Arjun saves 25% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  8. 8.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  9. 9.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  12. 12.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  14. 14.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  17. 17.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Kavya’s stall made a profit of ₹700. Kavya saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  22. 22.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Farhan’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) a piggy bank for later
  26. 26.Kavya’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?
  27. 27.Saanvi’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.👪 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
  30. 30.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  33. 33.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
  34. 34.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  35. 35.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  36. 36.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) better paint for cards (d) a new video game
  37. 37.Ishaan’s stall made a profit of ₹1600. Ishaan saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  39. 39.Zoya’s stall made a profit of ₹600. Zoya saves 50% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting

Answer key

  1. 160
  2. 20
  3. 24
  4. can I pay it back?
  5. 54
  6. 200
  7. spending
  8. putting profit back in
  9. 500
  10. buying a second juicer
  11. to keep trust
  12. 228
  13. saving
  14. 484
  15. profit put in a bank
  16. sweets for yourself
  17. 784
  18. 1026
  19. 24
  20. 70
  21. spending
  22. 345
  23. 120
  24. 20
  25. a cinema ticket
  26. 640
  27. 480
  28. 816
  29. talk to parents
  30. 318
  31. an emergency fund
  32. saving
  33. 130
  34. better paint for cards
  35. a piggy bank for later
  36. a new video game
  37. 160
  38. reinvesting
  39. 300
  40. spending

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