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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 715 · 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 new video game (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  2. 2.Joseph’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  5. 5.Gurpreet’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  9. 9.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) buying a second juicer
  11. 11.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  13. 13.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) a new video game
  14. 14.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  15. 15.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Diya’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Ananya’s stall made a profit of ₹1900. Ananya saves 10% of it. How many rupees are saved?
  22. 22.Ananya’s stall made a profit of ₹1800. Ananya saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Ananya’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Vihaan’s stall made a profit of ₹1400. Vihaan saves 20% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  28. 28.Riya’s stall made a profit of ₹1700. Riya saves 25% of it. How many rupees are saved?
  29. 29.Rohan’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  31. 31.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  32. 32.Kavya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  34. 34.Vihaan’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹900. Vihaan saves 50% of it. How many rupees are saved?
  37. 37.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  38. 38.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Gurpreet’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Diya’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. a new video game
  2. 1080
  3. 60
  4. reinvesting
  5. 440
  6. reinvesting
  7. can I pay it back?
  8. talk to parents
  9. the cost of borrowing
  10. buying a second juicer
  11. 436
  12. putting profit back in
  13. an emergency fund
  14. sweets for yourself
  15. 126
  16. 750
  17. 12
  18. 580
  19. 18
  20. 675
  21. 190
  22. 180
  23. 168
  24. 27
  25. 140
  26. 280
  27. saving
  28. 425
  29. 720
  30. to keep trust
  31. a piggy bank for later
  32. 100
  33. saving
  34. 600
  35. 144
  36. 450
  37. for bad days and goals
  38. 24
  39. 120
  40. 900

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