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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 602 · 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) a piggy bank for later (b) more seeds for next time (c) a new video game (d) better paint for cards
  2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  3. 3.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  5. 5.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a cinema ticket (d) profit put in a bank
  8. 8.Kavya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  10. 10.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) profit put in a bank
  12. 12.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  13. 13.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  15. 15.Tara’s stall made a profit of ₹1500. Tara saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  23. 23.Tara’s stall made a profit of ₹1500. Tara saves 25% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Farhan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  28. 28.Riya’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  33. 33.Kavya’s stall made a profit of ₹300. Kavya saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 10% of it. How many rupees are saved?
  36. 36.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  37. 37.Joseph’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
  39. 39.Saanvi’s stall made a profit of ₹200. Saanvi saves 20% of it. How many rupees are saved?
  40. 40.Ananya’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?

Answer key

  1. a piggy bank for later
  2. buying a second juicer
  3. 21
  4. for bad days and goals
  5. 990
  6. 448
  7. a cinema ticket
  8. 420
  9. saving
  10. 112
  11. more seeds for next time
  12. to keep trust
  13. 120
  14. spending
  15. 150
  16. 20
  17. 212
  18. 104
  19. better paint for cards
  20. spending
  21. 1180
  22. talk to parents
  23. 375
  24. 98
  25. 32
  26. 600
  27. sweets for yourself
  28. 380
  29. 981
  30. reinvesting
  31. saving
  32. reinvesting
  33. 150
  34. 1160
  35. 110
  36. can I pay it back?
  37. 350
  38. 250
  39. 40
  40. 300

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