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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 952 · 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.Dev’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a new video game
  3. 3.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) more seeds for next time
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  5. 5.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  8. 8.Aarav’s stall made a profit of ₹1000. Aarav saves 25% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a new video game (d) profit put in a bank
  10. 10.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.💡 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?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  16. 16.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  18. 18.Meera’s stall made a profit of ₹900. Meera saves 25% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) sweets for yourself
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  24. 24.Rohan’s stall made a profit of ₹1500. Rohan saves 20% of it. How many rupees are saved?
  25. 25.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) a cinema ticket
  27. 27.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) more seeds for next time
  28. 28.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  30. 30.Gurpreet’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Ananya’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹1200. Kabir saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.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 ₹)?
  39. 39.Kabir’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Farhan’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 200
  2. better paint for cards
  3. a piggy bank for later
  4. saving
  5. putting profit back in
  6. saving
  7. reinvesting
  8. 250
  9. profit put in a bank
  10. the cost of borrowing
  11. saving
  12. 56
  13. can I pay it back?
  14. reinvesting
  15. spending
  16. a cinema ticket
  17. reinvesting
  18. 225
  19. sweets for yourself
  20. spending
  21. spending
  22. 1040
  23. talk to parents
  24. 300
  25. a new video game
  26. buying a second juicer
  27. more seeds for next time
  28. 220
  29. to keep trust
  30. 140
  31. 436
  32. 400
  33. 224
  34. 120
  35. 530
  36. 624
  37. 24
  38. 102
  39. 400
  40. 900

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