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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 240 · 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.Gurpreet’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  3. 3.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Kavya’s stall made a profit of ₹1800. Kavya saves 20% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  7. 7.Dev’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Dev’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  11. 11.Diya’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?
  12. 12.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a new video game
  13. 13.Tara’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  17. 17.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) more seeds for next time
  18. 18.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  22. 22.Diya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) profit put in a bank
  24. 24.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  25. 25.Tara’s stall made a profit of ₹1900. Tara saves 50% of it. How many rupees are saved?
  26. 26.Zoya’s stall made a profit of ₹1700. Zoya saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Tara’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 spent?
  29. 29.Ananya’s stall made a profit of ₹1000. Ananya saves 10% of it. How many rupees are saved?
  30. 30.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  31. 31.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  33. 33.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  34. 34.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Aarav’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  38. 38.Saanvi’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending

Answer key

  1. 300
  2. the cost of borrowing
  3. 216
  4. 360
  5. more seeds for next time
  6. saving
  7. 600
  8. 280
  9. 36
  10. talk to parents
  11. 450
  12. profit put in a bank
  13. 210
  14. 472
  15. 108
  16. an emergency fund
  17. a piggy bank for later
  18. 744
  19. reinvesting
  20. 214
  21. reinvesting
  22. 980
  23. better paint for cards
  24. sweets for yourself
  25. 950
  26. 340
  27. 484
  28. 350
  29. 100
  30. putting profit back in
  31. 928
  32. for bad days and goals
  33. can I pay it back?
  34. 6
  35. 784
  36. 330
  37. buying a second juicer
  38. 960
  39. spending
  40. saving

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