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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 731 · 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: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  2. 2.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  6. 6.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  9. 9.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  11. 11.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  12. 12.Farhan’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 spent?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  14. 14.Saanvi’s stall made a profit of ₹1200. Saanvi saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🐷 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
  17. 17.Farhan’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  19. 19.Aarav’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  21. 21.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Rohan’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?
  23. 23.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a cinema ticket (d) an emergency fund
  25. 25.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  26. 26.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  27. 27.Kavya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  29. 29.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Kabir’s stall made a profit of ₹1100. Kabir saves 10% of it. How many rupees are saved?
  31. 31.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
  32. 32.Arjun’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Arjun’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
  35. 35.Kavya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  37. 37.Rohan’s stall made a profit of ₹1500. Rohan saves 50% of it. How many rupees are saved?
  38. 38.Zoya’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Zoya’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. saving
  2. 72
  3. 90
  4. 16
  5. putting profit back in
  6. 90
  7. 108
  8. talk to parents
  9. an emergency fund
  10. reinvesting
  11. a piggy bank for later
  12. 100
  13. reinvesting
  14. 600
  15. 642
  16. for bad days and goals
  17. 800
  18. profit put in a bank
  19. 240
  20. a cinema ticket
  21. 212
  22. 760
  23. 798
  24. more seeds for next time
  25. can I pay it back?
  26. to keep trust
  27. 250
  28. spending
  29. 28
  30. 110
  31. 150
  32. 80
  33. 240
  34. buying a second juicer
  35. 180
  36. saving
  37. 750
  38. 420
  39. 80
  40. 320

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