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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 632 · 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.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) an emergency fund
  3. 3.Joseph’s stall made a profit of ₹200. Joseph saves 20% of it. How many rupees are saved?
  4. 4.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 50% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  8. 8.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  10. 10.Aarav’s stall made a profit of ₹800. Aarav saves 50% of it. How many rupees are saved?
  11. 11.Kabir’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Diya’s stall made a profit of ₹1300. Diya saves 20% of it. How many rupees are saved?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  14. 14.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  17. 17.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) better paint for cards
  18. 18.Ishaan’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  21. 21.Arjun’s stall made a profit of ₹1900. Arjun saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  24. 24.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) a new video game
  25. 25.💡 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?
  26. 26.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  28. 28.Ananya’s stall made a profit of ₹1600. Ananya saves 20% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  32. 32.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Meera’s stall made a profit of ₹900. Meera saves 10% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  36. 36.Farhan’s stall made a profit of ₹1800. Farhan saves 25% of it. How many rupees are saved?
  37. 37.Riya’s stall made a profit of ₹1000. Riya saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  40. 40.Arjun’s stall made a profit of ₹2000. Arjun saves 10% of it. How many rupees are saved?

Answer key

  1. 1030
  2. a new video game
  3. 40
  4. 200
  5. 15
  6. 20
  7. sweets for yourself
  8. 180
  9. spending
  10. 400
  11. 1000
  12. 260
  13. talk to parents
  14. 381
  15. saving
  16. spending
  17. better paint for cards
  18. 520
  19. for bad days and goals
  20. putting profit back in
  21. 190
  22. 60
  23. spending
  24. an emergency fund
  25. can I pay it back?
  26. buying a second juicer
  27. reinvesting
  28. 320
  29. reinvesting
  30. saving
  31. saving
  32. 1035
  33. 660
  34. 90
  35. a cinema ticket
  36. 450
  37. 250
  38. 30
  39. more seeds for next time
  40. 200

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