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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 714 · 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 spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) buying a second juicer
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  4. 4.Tara’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  7. 7.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  8. 8.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  9. 9.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  12. 12.Nisha’s stall made a profit of ₹1500. Nisha saves 10% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  14. 14.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  15. 15.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Ishaan’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Kabir’s stall made a profit of ₹1700. Kabir saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  22. 22.Kabir’s stall made a profit of ₹600. Kabir saves 50% of it. How many rupees are saved?
  23. 23.Diya’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  25. 25.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) buying a second juicer (d) a new video game
  26. 26.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  29. 29.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹300 from a bank at 7% 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 2 years (in ₹)?
  32. 32.Arjun’s stall made a profit of ₹400. Arjun saves 10% of it. How many rupees are saved?
  33. 33.Lakshmi’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Diya’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?
  35. 35.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  38. 38.Diya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  40. 40.Saanvi’s stall made a profit of ₹2000. Saanvi saves 20% of it. How many rupees are saved?

Answer key

  1. a new video game
  2. talk to parents
  3. saving
  4. 510
  5. for bad days and goals
  6. spending
  7. better paint for cards
  8. a piggy bank for later
  9. 400
  10. 108
  11. reinvesting
  12. 150
  13. saving
  14. putting profit back in
  15. 360
  16. 424
  17. 490
  18. 340
  19. 30
  20. 9
  21. to keep trust
  22. 300
  23. 80
  24. buying a second juicer
  25. profit put in a bank
  26. 545
  27. more seeds for next time
  28. saving
  29. 48
  30. 21
  31. 342
  32. 40
  33. 680
  34. 520
  35. 108
  36. 180
  37. an emergency fund
  38. 100
  39. sweets for yourself
  40. 400

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