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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 801 · 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.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  3. 3.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  5. 5.Lakshmi’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Dev’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  8. 8.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) more seeds for next time
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  10. 10.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.Kabir’s stall made a profit of ₹800. Kabir saves 50% of it. How many rupees are saved?
  13. 13.Rohan’s stall made a profit of ₹900. Rohan saves 20% of it. How many rupees are saved?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  15. 15.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Dev’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Ishaan’s stall made a profit of ₹1000. Ishaan saves 50% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) profit put in a bank
  22. 22.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
  23. 23.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  26. 26.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  27. 27.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 ₹)?
  28. 28.Aarav’s stall made a profit of ₹300. Aarav saves 10% of it. How many rupees are saved?
  29. 29.Gurpreet’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.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 ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  34. 34.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  35. 35.Diya’s stall made a profit of ₹900. Diya saves 25% of it. How many rupees are saved?
  36. 36.Meera’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?
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  38. 38.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹1800. Aarav saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. putting profit back in
  2. reinvesting
  3. 763
  4. can I pay it back?
  5. 600
  6. 180
  7. an emergency fund
  8. profit put in a bank
  9. spending
  10. 990
  11. 408
  12. 400
  13. 180
  14. talk to parents
  15. 28
  16. 240
  17. 212
  18. 9
  19. 432
  20. 500
  21. buying a second juicer
  22. sweets for yourself
  23. 150
  24. 848
  25. a new video game
  26. the cost of borrowing
  27. 412
  28. 30
  29. 420
  30. 14
  31. 30
  32. 327
  33. spending
  34. a piggy bank for later
  35. 225
  36. 800
  37. saving
  38. 14
  39. 450
  40. 64

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