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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 725 · 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.Joseph’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  5. 5.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Rohan’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  8. 8.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  9. 9.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  10. 10.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  12. 12.Kabir’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Tara’s stall made a profit of ₹1300. Tara saves 10% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  18. 18.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  19. 19.Ananya’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  21. 21.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  23. 23.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  24. 24.Farhan’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  26. 26.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  28. 28.Rohan’s stall made a profit of ₹1700. Rohan saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Joseph’s stall made a profit of ₹700. Joseph saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  38. 38.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  39. 39.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 1020
  2. spending
  3. reinvesting
  4. sweets for yourself
  5. 1008
  6. 200
  7. saving
  8. a piggy bank for later
  9. a new video game
  10. 960
  11. 170
  12. 1200
  13. 130
  14. profit put in a bank
  15. 1060
  16. 168
  17. better paint for cards
  18. a cinema ticket
  19. 450
  20. 100
  21. 500
  22. spending
  23. more seeds for next time
  24. 340
  25. talk to parents
  26. 90
  27. reinvesting
  28. 850
  29. 90
  30. 70
  31. 84
  32. the cost of borrowing
  33. saving
  34. 412
  35. 208
  36. 12
  37. can I pay it back?
  38. an emergency fund
  39. 496
  40. 240

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