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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 693 · 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.Arjun’s stall made a profit of ₹1300. Arjun saves 10% of it. How many rupees are saved?
  2. 2.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) more seeds for next time
  3. 3.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  4. 4.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  5. 5.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  6. 6.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  8. 8.Aarav’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  10. 10.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  13. 13.Kavya’s stall made a profit of ₹1900. Kavya saves 50% of it. How many rupees are saved?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  15. 15.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  18. 18.Nisha’s stall made a profit of ₹600. Nisha saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Rohan’s stall made a profit of ₹1300. Rohan saves 25% of it. How many rupees are saved?
  21. 21.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  22. 22.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  24. 24.Lakshmi’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?
  25. 25.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  26. 26.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  29. 29.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 2% 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 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 20% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  34. 34.Diya’s stall made a profit of ₹800. Diya saves 10% of it. How many rupees are saved?
  35. 35.Farhan’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  39. 39.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 130
  2. more seeds for next time
  3. an emergency fund
  4. buying a second juicer
  5. for bad days and goals
  6. 206
  7. saving
  8. 480
  9. sweets for yourself
  10. 126
  11. 42
  12. profit put in a bank
  13. 950
  14. talk to parents
  15. 4
  16. reinvesting
  17. saving
  18. 120
  19. 6
  20. 325
  21. 325
  22. the cost of borrowing
  23. reinvesting
  24. 760
  25. putting profit back in
  26. 880
  27. 120
  28. saving
  29. 120
  30. 6
  31. 60
  32. 180
  33. reinvesting
  34. 80
  35. 60
  36. 228
  37. 210
  38. spending
  39. 80
  40. 520

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