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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 882 · 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 reinvesting in the business? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  2. 2.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  4. 4.Vihaan’s stall made a profit of ₹1500. Vihaan saves 20% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  6. 6.Aarav’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Ananya’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?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  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 3 years (in ₹)?
  11. 11.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  13. 13.Dev’s stall made a profit of ₹1600. Dev saves 50% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  15. 15.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) sweets for yourself
  16. 16.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Lakshmi’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  19. 19.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  20. 20.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  21. 21.Zoya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  25. 25.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  26. 26.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  27. 27.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?
  28. 28.Tara’s stall made a profit of ₹700. Tara saves 20% of it. How many rupees are saved?
  29. 29.Ishaan’s stall made a profit of ₹1200. Ishaan saves 10% of it. How many rupees are saved?
  30. 30.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 20% of it. How many rupees are saved?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  32. 32.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.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 ₹)?
  34. 34.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  36. 36.Ananya’s stall made a profit of ₹1400. Ananya saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Ananya’s stall made a profit of ₹400. Ananya saves 25% of it. How many rupees are saved?
  39. 39.Zoya’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 50% of it. How many rupees are saved?

Answer key

  1. better paint for cards
  2. 80
  3. a piggy bank for later
  4. 300
  5. reinvesting
  6. 450
  7. 120
  8. spending
  9. to keep trust
  10. 954
  11. 216
  12. more seeds for next time
  13. 800
  14. reinvesting
  15. buying a second juicer
  16. 1116
  17. 520
  18. an emergency fund
  19. can I pay it back?
  20. a cinema ticket
  21. 560
  22. spending
  23. reinvesting
  24. saving
  25. the cost of borrowing
  26. a new video game
  27. 180
  28. 140
  29. 120
  30. 340
  31. talk to parents
  32. 72
  33. 721
  34. 40
  35. sweets for yourself
  36. 280
  37. 48
  38. 100
  39. 180
  40. 650

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