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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 827 · 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 ₹1700. Gurpreet saves 25% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  3. 3.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  5. 5.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  7. 7.Tara’s stall made a profit of ₹1900. Tara saves 50% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  12. 12.Ananya’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Arjun’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) better paint for cards
  16. 16.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  17. 17.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Riya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  20. 20.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) profit put in a bank
  21. 21.Dev’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Diya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  25. 25.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (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 1 year (in ₹)?
  29. 29.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  30. 30.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) buying a second juicer
  31. 31.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) better paint for cards
  33. 33.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Kavya’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) buying a second juicer

Answer key

  1. 425
  2. reinvesting
  3. the cost of borrowing
  4. better paint for cards
  5. can I pay it back?
  6. saving
  7. 950
  8. 60
  9. saving
  10. 936
  11. a cinema ticket
  12. 450
  13. 480
  14. 920
  15. a new video game
  16. more seeds for next time
  17. 30
  18. 800
  19. spending
  20. profit put in a bank
  21. 600
  22. 420
  23. an emergency fund
  24. talk to parents
  25. 16
  26. 72
  27. 224
  28. 330
  29. for bad days and goals
  30. a piggy bank for later
  31. 30
  32. sweets for yourself
  33. 90
  34. reinvesting
  35. 721
  36. 270
  37. 72
  38. 54
  39. 1090
  40. buying a second juicer

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