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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 790 · 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.Gurpreet’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) an emergency fund
  3. 3.👪 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
  4. 4.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  5. 5.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 ₹)?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  7. 7.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  11. 11.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 ₹)?
  12. 12.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  14. 14.Aarav’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Arjun’s stall made a profit of ₹1900. Arjun saves 50% of it. How many rupees are saved?
  16. 16.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  17. 17.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) more seeds for next time
  21. 21.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  22. 22.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) better paint for cards (d) a cinema ticket
  23. 23.Tara’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.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  25. 25.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  28. 28.Rohan’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 reinvested?
  29. 29.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  31. 31.Saanvi’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  34. 34.Rohan’s stall made a profit of ₹1800. Rohan saves 20% of it. How many rupees are saved?
  35. 35.Tara’s stall made a profit of ₹2000. Tara saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Joseph’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Kabir’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 210
  2. an emergency fund
  3. talk to parents
  4. a new video game
  5. 798
  6. saving
  7. the cost of borrowing
  8. saving
  9. reinvesting
  10. to keep trust
  11. 110
  12. 72
  13. spending
  14. 420
  15. 950
  16. putting profit back in
  17. 684
  18. 944
  19. 162
  20. profit put in a bank
  21. for bad days and goals
  22. a piggy bank for later
  23. 90
  24. buying a second juicer
  25. 25
  26. spending
  27. reinvesting
  28. 80
  29. 300
  30. a cinema ticket
  31. 180
  32. 1240
  33. better paint for cards
  34. 360
  35. 200
  36. 45
  37. 832
  38. 6
  39. 120
  40. 390

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