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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 264 · 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.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  2. 2.Kavya’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?
  3. 3.Tara’s stall made a profit of ₹1100. Tara saves 20% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time
  5. 5.Aarav’s stall made a profit of ₹800. Aarav saves 50% of it. How many rupees are saved?
  6. 6.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  7. 7.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 10% of it. How many rupees are saved?
  11. 11.Diya’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is saving? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) more seeds for next time
  13. 13.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) more seeds for next time
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  17. 17.Joseph’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  19. 19.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Zoya’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  24. 24.Meera’s stall made a profit of ₹200. Meera saves 20% of it. How many rupees are saved?
  25. 25.Vihaan’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.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 ₹)?
  28. 28.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) buying a second juicer
  29. 29.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  37. 37.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) sweets for yourself (d) a new video game
  38. 38.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) a new video game
  39. 39.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Riya’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. saving
  2. 210
  3. 220
  4. a piggy bank for later
  5. 400
  6. the cost of borrowing
  7. 80
  8. 120
  9. 968
  10. 200
  11. 1050
  12. profit put in a bank
  13. an emergency fund
  14. spending
  15. talk to parents
  16. reinvesting
  17. 1080
  18. a new video game
  19. 360
  20. 550
  21. putting profit back in
  22. spending
  23. spending
  24. 40
  25. 350
  26. 110
  27. 318
  28. a cinema ticket
  29. 60
  30. 416
  31. can I pay it back?
  32. saving
  33. 816
  34. 16
  35. 220
  36. more seeds for next time
  37. buying a second juicer
  38. better paint for cards
  39. 312
  40. 560

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