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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 613 · 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 new video game (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  3. 3.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Saanvi’s stall made a profit of ₹200. Saanvi saves 20% of it. How many rupees are saved?
  5. 5.Rohan’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Gurpreet’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  9. 9.Joseph’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  11. 11.Diya’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  15. 15.Meera’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  18. 18.Arjun’s stall made a profit of ₹1500. Arjun saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  20. 20.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  24. 24.Farhan’s stall made a profit of ₹1300. Farhan saves 50% of it. How many rupees are saved?
  25. 25.Meera’s stall made a profit of ₹300. Meera saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  29. 29.Diya’s stall made a profit of ₹200. 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 ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Riya’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  35. 35.Arjun’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Ishaan’s stall made a profit of ₹1300. Ishaan saves 50% of it. How many rupees are saved?
  37. 37.Dev’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  39. 39.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) a new video game
  40. 40.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. more seeds for next time
  2. to keep trust
  3. 120
  4. 40
  5. 760
  6. 600
  7. can I pay it back?
  8. saving
  9. 385
  10. the cost of borrowing
  11. 80
  12. 510
  13. putting profit back in
  14. reinvesting
  15. 70
  16. 90
  17. sweets for yourself
  18. 300
  19. spending
  20. 126
  21. 624
  22. 30
  23. talk to parents
  24. 650
  25. 150
  26. 54
  27. reinvesting
  28. saving
  29. 90
  30. 81
  31. 50
  32. 990
  33. 684
  34. spending
  35. 250
  36. 650
  37. 120
  38. spending
  39. buying a second juicer
  40. 416

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