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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 935 · 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) a new video game (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  2. 2.Farhan’s stall made a profit of ₹800. Farhan saves 20% of it. How many rupees are saved?
  3. 3.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) better paint for cards (d) an emergency fund
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  5. 5.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  6. 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  8. 8.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  11. 11.Kabir’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  13. 13.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 25% of it. How many rupees are saved?
  14. 14.Lakshmi’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Lakshmi’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  17. 17.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  18. 18.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) profit put in a bank
  19. 19.Joseph’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Lakshmi’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Ananya’s stall made a profit of ₹1900. Ananya saves 25% of it. How many rupees are saved?
  22. 22.Joseph’s stall made a profit of ₹800. Joseph saves 20% of it. How many rupees are saved?
  23. 23.Riya’s stall made a profit of ₹700. Riya saves 10% of it. How many rupees are saved?
  24. 24.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) a new video game
  26. 26.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 20% of it. How many rupees are saved?
  27. 27.Tara’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Zoya’s stall made a profit of ₹800. Zoya saves 25% of it. How many rupees are saved?
  29. 29.Tara’s stall made a profit of ₹1000. Tara saves 50% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  32. 32.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Dev’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 reinvested?
  36. 36.A small family shop borrows ₹200 from a bank at 2% 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 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) more seeds for next time
  39. 39.Joseph’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. an emergency fund
  2. 160
  3. sweets for yourself
  4. talk to parents
  5. the cost of borrowing
  6. can I pay it back?
  7. spending
  8. 180
  9. 826
  10. putting profit back in
  11. 770
  12. saving
  13. 475
  14. 100
  15. 1140
  16. to keep trust
  17. buying a second juicer
  18. more seeds for next time
  19. 420
  20. 700
  21. 475
  22. 160
  23. 70
  24. 500
  25. profit put in a bank
  26. 120
  27. 600
  28. 200
  29. 500
  30. better paint for cards
  31. saving
  32. 72
  33. 354
  34. 570
  35. 800
  36. 12
  37. 240
  38. a new video game
  39. 100
  40. 49

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