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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 305 · 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) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  2. 2.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  3. 3.Nisha’s stall made a profit of ₹700. Nisha saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  7. 7.Vihaan’s stall made a profit of ₹2000. Vihaan saves 10% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  10. 10.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  11. 11.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  13. 13.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 50% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  16. 16.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  17. 17.Joseph’s stall made a profit of ₹1100. Joseph saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  21. 21.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Nisha’s stall made a profit of ₹800. Nisha saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Meera’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  30. 30.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  31. 31.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  34. 34.Ananya’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  36. 36.Saanvi’s stall made a profit of ₹400. Saanvi saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Nisha’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  40. 40.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. putting profit back in
  2. an emergency fund
  3. 175
  4. 918
  5. 363
  6. the cost of borrowing
  7. 200
  8. buying a second juicer
  9. talk to parents
  10. a piggy bank for later
  11. 40
  12. saving
  13. 450
  14. 1080
  15. can I pay it back?
  16. more seeds for next time
  17. 110
  18. 108
  19. saving
  20. sweets for yourself
  21. 36
  22. 80
  23. 306
  24. 168
  25. 856
  26. 60
  27. 98
  28. 150
  29. better paint for cards
  30. profit put in a bank
  31. 1116
  32. 1040
  33. reinvesting
  34. 600
  35. saving
  36. 40
  37. 762
  38. 450
  39. spending
  40. 56

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