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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 877 · 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) better paint for cards (c) profit put in a bank (d) a new video game
  2. 2.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  6. 6.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.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 ₹)?
  8. 8.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  11. 11.Which of these is saving? (a) a new video game (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  12. 12.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Riya’s stall made a profit of ₹1900. Riya saves 20% of it. How many rupees are saved?
  14. 14.Tara’s stall made a profit of ₹1400. Tara saves 50% of it. How many rupees are saved?
  15. 15.Rohan’s stall made a profit of ₹1200. Rohan saves 50% of it. How many rupees are saved?
  16. 16.Which of these is saving? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  17. 17.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  19. 19.Joseph’s stall made a profit of ₹2000. Joseph saves 10% of it. How many rupees are saved?
  20. 20.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Ananya’s stall made a profit of ₹900. Ananya saves 20% of it. How many rupees are saved?
  23. 23.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  24. 24.Ananya’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Kabir’s stall made a profit of ₹500. Kabir saves 50% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) a new video game
  27. 27.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  28. 28.Farhan’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Kabir’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Ananya’s stall made a profit of ₹1600. Ananya saves 20% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  32. 32.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  34. 34.Riya’s stall made a profit of ₹1700. Riya saves 25% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  36. 36.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Riya’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 10% of it. How many rupees are saved?
  40. 40.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount

Answer key

  1. profit put in a bank
  2. 3
  3. saving
  4. 192
  5. saving
  6. 216
  7. 560
  8. more seeds for next time
  9. talk to parents
  10. saving
  11. an emergency fund
  12. 784
  13. 380
  14. 700
  15. 600
  16. a piggy bank for later
  17. 630
  18. for bad days and goals
  19. 200
  20. 60
  21. 968
  22. 180
  23. to keep trust
  24. 480
  25. 250
  26. a new video game
  27. putting profit back in
  28. 520
  29. 510
  30. 320
  31. a cinema ticket
  32. 5
  33. reinvesting
  34. 425
  35. spending
  36. 108
  37. 218
  38. 120
  39. 110
  40. the cost of borrowing

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