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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 765 · 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: better paint for cards? (a) spending (b) saving (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  4. 4.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  7. 7.Aarav’s stall made a profit of ₹1300. Aarav saves 20% of it. How many rupees are saved?
  8. 8.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  9. 9.Kavya’s stall made a profit of ₹500. Kavya saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  12. 12.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 25% of it. How many rupees are saved?
  13. 13.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) profit put in a bank
  14. 14.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  16. 16.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  17. 17.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  19. 19.Vihaan’s stall made a profit of ₹1300. Vihaan saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Kavya’s stall made a profit of ₹1500. Kavya saves 50% of it. How many rupees are saved?
  22. 22.Ananya’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 spent?
  23. 23.Kabir’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Nisha’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  28. 28.Arjun’s stall made a profit of ₹1900. Arjun saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  33. 33.Riya’s stall made a profit of ₹1000. Riya saves 20% of it. How many rupees are saved?
  34. 34.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  35. 35.Ananya’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Aarav’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. reinvesting
  2. saving
  3. saving
  4. 40
  5. 864
  6. better paint for cards
  7. 260
  8. to keep trust
  9. 125
  10. 927
  11. profit put in a bank
  12. 200
  13. more seeds for next time
  14. the cost of borrowing
  15. talk to parents
  16. an emergency fund
  17. 144
  18. sweets for yourself
  19. 260
  20. 315
  21. 750
  22. 1190
  23. 90
  24. 570
  25. 1100
  26. putting profit back in
  27. reinvesting
  28. 380
  29. 18
  30. saving
  31. 312
  32. a cinema ticket
  33. 200
  34. a new video game
  35. 360
  36. 70
  37. 424
  38. 180
  39. 84
  40. 448

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