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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 679 · 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.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  2. 2.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  6. 6.Aarav’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 20% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) more seeds for next time
  10. 10.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) a piggy bank for later
  11. 11.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  12. 12.Farhan’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  18. 18.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) more seeds for next time
  19. 19.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  21. 21.Farhan’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Riya’s stall made a profit of ₹1900. Riya saves 25% of it. How many rupees are saved?
  23. 23.Diya’s stall made a profit of ₹1500. Diya saves 50% of it. How many rupees are saved?
  24. 24.Kabir’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Meera’s stall made a profit of ₹500. Meera saves 25% of it. How many rupees are saved?
  28. 28.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 10% of it. How many rupees are saved?
  29. 29.Meera’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Nisha’s stall made a profit of ₹400. Nisha saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Meera’s stall made a profit of ₹1500. Meera saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) an emergency fund (d) a new video game
  37. 37.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. spending
  2. 342
  3. 4
  4. for bad days and goals
  5. spending
  6. 350
  7. 140
  8. 24
  9. more seeds for next time
  10. buying a second juicer
  11. can I pay it back?
  12. 600
  13. 812
  14. saving
  15. 36
  16. 260
  17. the cost of borrowing
  18. profit put in a bank
  19. 20
  20. reinvesting
  21. 160
  22. 475
  23. 750
  24. 240
  25. 20
  26. 108
  27. 125
  28. 100
  29. 340
  30. 1089
  31. 200
  32. 150
  33. 750
  34. 64
  35. a cinema ticket
  36. a new video game
  37. a piggy bank for later
  38. talk to parents
  39. reinvesting
  40. 1040

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