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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 862 · 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 saving? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  2. 2.Tara’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 reinvested?
  3. 3.Tara’s stall made a profit of ₹1300. Tara saves 10% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a new video game
  5. 5.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  7. 7.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) a cinema ticket
  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 3 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) better paint for cards
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  14. 14.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  15. 15.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Saanvi’s stall made a profit of ₹900. Saanvi saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  19. 19.👪 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
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  21. 21.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 50% of it. How many rupees are saved?
  22. 22.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  23. 23.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  24. 24.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) profit put in a bank
  26. 26.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  27. 27.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Joseph’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Riya’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 reinvested?
  32. 32.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Tara’s stall made a profit of ₹1500. Tara saves 10% of it. How many rupees are saved?
  35. 35.Kabir’s stall made a profit of ₹1500. Kabir saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Diya’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  40. 40.Arjun’s stall made a profit of ₹2000. Arjun saves 20% of it. How many rupees are saved?

Answer key

  1. a piggy bank for later
  2. 700
  3. 130
  4. a new video game
  5. 54
  6. better paint for cards
  7. 5
  8. 8
  9. reinvesting
  10. an emergency fund
  11. 130
  12. sweets for yourself
  13. saving
  14. for bad days and goals
  15. 192
  16. 90
  17. 102
  18. to keep trust
  19. talk to parents
  20. saving
  21. 1000
  22. can I pay it back?
  23. putting profit back in
  24. 60
  25. profit put in a bank
  26. the cost of borrowing
  27. 560
  28. 318
  29. 180
  30. 550
  31. 700
  32. 600
  33. 206
  34. 150
  35. 750
  36. 945
  37. 750
  38. saving
  39. spending
  40. 400

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