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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 831 · 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.Diya’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  4. 4.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a piggy bank for later
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  6. 6.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  9. 9.👪 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
  10. 10.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  12. 12.Joseph’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Saanvi’s stall made a profit of ₹800. Saanvi saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Meera’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  20. 20.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  21. 21.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 20% of it. How many rupees are saved?
  27. 27.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  29. 29.Aarav’s stall made a profit of ₹400. Aarav saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Ishaan’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  33. 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) more seeds for next time (d) a new video game
  35. 35.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Kabir’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Tara’s stall made a profit of ₹2000. Tara saves 10% of it. How many rupees are saved?
  39. 39.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 ₹)?
  40. 40.Arjun’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 120
  2. reinvesting
  3. saving
  4. more seeds for next time
  5. spending
  6. 12
  7. for bad days and goals
  8. saving
  9. talk to parents
  10. better paint for cards
  11. spending
  12. 560
  13. 200
  14. 990
  15. 120
  16. 545
  17. 48
  18. 270
  19. can I pay it back?
  20. a piggy bank for later
  21. 20
  22. 530
  23. 342
  24. 318
  25. 32
  26. 320
  27. buying a second juicer
  28. spending
  29. 100
  30. 770
  31. 520
  32. the cost of borrowing
  33. 168
  34. a new video game
  35. 160
  36. 330
  37. 140
  38. 200
  39. 684
  40. 80

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