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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 934 · 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 spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  3. 3.Ananya’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  5. 5.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  9. 9.Joseph’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Rohan’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Kavya’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?
  12. 12.Nisha’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Rohan’s stall made a profit of ₹900. Rohan saves 50% of it. How many rupees are saved?
  14. 14.Joseph’s stall made a profit of ₹2000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  16. 16.Kabir’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Ishaan’s stall made a profit of ₹1700. Ishaan saves 25% of it. How many rupees are saved?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  23. 23.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  25. 25.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Meera’s stall made a profit of ₹1300. Meera saves 50% of it. How many rupees are saved?
  27. 27.Aarav’s stall made a profit of ₹1300. Aarav saves 50% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  29. 29.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  33. 33.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  34. 34.Diya’s stall made a profit of ₹900. Diya saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) profit put in a bank

Answer key

  1. a new video game
  2. talk to parents
  3. 900
  4. spending
  5. 950
  6. reinvesting
  7. saving
  8. spending
  9. 720
  10. 900
  11. 520
  12. 60
  13. 450
  14. 800
  15. sweets for yourself
  16. 210
  17. profit put in a bank
  18. saving
  19. 36
  20. 336
  21. 425
  22. can I pay it back?
  23. 1210
  24. spending
  25. 4
  26. 650
  27. 650
  28. reinvesting
  29. 106
  30. 20
  31. 648
  32. saving
  33. to keep trust
  34. 90
  35. 40
  36. 103
  37. 75
  38. 728
  39. 756
  40. a cinema ticket

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