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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 771 · 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 reinvesting in the business? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  2. 2.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  5. 5.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a new video game
  6. 6.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Zoya’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  9. 9.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  11. 11.Farhan’s stall made a profit of ₹1000. Farhan saves 50% of it. How many rupees are saved?
  12. 12.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  14. 14.Lakshmi’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  16. 16.Farhan’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Ananya’s stall made a profit of ₹700. Ananya saves 25% of it. How many rupees are saved?
  18. 18.Nisha’s stall made a profit of ₹1600. Nisha saves 50% of it. How many rupees are saved?
  19. 19.Saanvi’s stall made a profit of ₹500. Saanvi saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  24. 24.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  25. 25.Meera’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Dev’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  30. 30.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  31. 31.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Riya’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  34. 34.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  35. 35.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.👪 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
  39. 39.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  40. 40.Saanvi’s stall made a profit of ₹1300. Saanvi saves 50% of it. How many rupees are saved?

Answer key

  1. more seeds for next time
  2. 540
  3. 81
  4. saving
  5. profit put in a bank
  6. 6
  7. 220
  8. saving
  9. 763
  10. an emergency fund
  11. 500
  12. can I pay it back?
  13. reinvesting
  14. 200
  15. putting profit back in
  16. 350
  17. 175
  18. 800
  19. 50
  20. 200
  21. spending
  22. 856
  23. spending
  24. 100
  25. 950
  26. 250
  27. 110
  28. 390
  29. reinvesting
  30. a piggy bank for later
  31. 330
  32. 300
  33. reinvesting
  34. to keep trust
  35. 420
  36. 30
  37. 327
  38. talk to parents
  39. sweets for yourself
  40. 650

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