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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 220 · 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.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  2. 2.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) buying a second juicer (d) a new video game
  3. 3.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 10% of it. How many rupees are saved?
  4. 4.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  5. 5.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Vihaan’s stall made a profit of ₹1900. Vihaan saves 50% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) a cinema ticket (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  8. 8.Meera’s stall made a profit of ₹300. Meera saves 20% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  11. 11.Kavya’s stall made a profit of ₹300. Kavya saves 50% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  13. 13.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Gurpreet’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  18. 18.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  20. 20.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  21. 21.Saanvi’s stall made a profit of ₹1600. Saanvi saves 20% of it. How many rupees are saved?
  22. 22.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) more seeds for next time
  23. 23.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) a cinema ticket (d) more seeds for next time
  24. 24.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 10% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  29. 29.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a new video game
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  31. 31.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) more seeds for next time
  32. 32.Rohan’s stall made a profit of ₹1500. Rohan saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Joseph’s stall made a profit of ₹1400. Joseph saves 25% of it. How many rupees are saved?
  35. 35.Lakshmi’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Nisha’s stall made a profit of ₹1700. Nisha saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) profit put in a bank

Answer key

  1. putting profit back in
  2. a new video game
  3. 110
  4. for bad days and goals
  5. 20
  6. 950
  7. a piggy bank for later
  8. 60
  9. profit put in a bank
  10. spending
  11. 150
  12. saving
  13. 84
  14. 400
  15. 200
  16. 1150
  17. the cost of borrowing
  18. 36
  19. reinvesting
  20. better paint for cards
  21. 320
  22. an emergency fund
  23. more seeds for next time
  24. 464
  25. 318
  26. 200
  27. reinvesting
  28. reinvesting
  29. buying a second juicer
  30. spending
  31. sweets for yourself
  32. 300
  33. 390
  34. 350
  35. 935
  36. 4
  37. 425
  38. 848
  39. 9
  40. a cinema ticket

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