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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 611 · 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 reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  3. 3.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) buying a second juicer
  5. 5.Nisha’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  7. 7.Kavya’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  10. 10.Farhan’s stall made a profit of ₹900. Farhan saves 20% of it. How many rupees are saved?
  11. 11.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  15. 15.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Dev’s stall made a profit of ₹1200. Dev saves 25% of it. How many rupees are saved?
  27. 27.Arjun’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Kabir’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Kabir’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  35. 35.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  37. 37.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Kavya’s stall made a profit of ₹1500. Kavya saves 25% of it. How many rupees are saved?
  39. 39.Zoya’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Joseph’s stall made a profit of ₹1700. Joseph saves 25% of it. How many rupees are saved?

Answer key

  1. better paint for cards
  2. more seeds for next time
  3. 170
  4. buying a second juicer
  5. 600
  6. spending
  7. 60
  8. 18
  9. saving
  10. 180
  11. the cost of borrowing
  12. for bad days and goals
  13. talk to parents
  14. can I pay it back?
  15. 48
  16. 40
  17. spending
  18. 45
  19. 336
  20. 45
  21. 120
  22. 350
  23. 118
  24. 60
  25. 515
  26. 300
  27. 400
  28. 763
  29. 360
  30. 8
  31. 363
  32. 850
  33. 224
  34. putting profit back in
  35. 3
  36. saving
  37. 763
  38. 375
  39. 420
  40. 425

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