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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 311 · 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.Gurpreet’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  5. 5.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  7. 7.Kabir’s stall made a profit of ₹1700. Kabir saves 50% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Nisha’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Joseph’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  12. 12.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
  13. 13.Kabir’s stall made a profit of ₹1400. Kabir saves 20% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  15. 15.Ishaan’s stall made a profit of ₹200. Ishaan saves 20% of it. How many rupees are saved?
  16. 16.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  17. 17.Joseph’s stall made a profit of ₹1200. Joseph saves 20% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  21. 21.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Meera’s stall made a profit of ₹1400. Meera saves 50% of it. How many rupees are saved?
  23. 23.Diya’s stall made a profit of ₹1400. Diya saves 20% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) an emergency fund
  25. 25.Tara’s stall made a profit of ₹400. Tara saves 50% of it. How many rupees are saved?
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  28. 28.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  29. 29.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 ₹)?
  30. 30.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) sweets for yourself (d) a new video game
  31. 31.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  32. 32.Arjun’s stall made a profit of ₹600. Arjun saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Vihaan’s stall made a profit of ₹1300. Vihaan saves 25% of it. How many rupees are saved?
  38. 38.Ishaan’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Arjun’s stall made a profit of ₹900. Arjun saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹500 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. 270
  3. 45
  4. can I pay it back?
  5. 60
  6. more seeds for next time
  7. 850
  8. 124
  9. 640
  10. 70
  11. reinvesting
  12. buying a second juicer
  13. 280
  14. reinvesting
  15. 40
  16. the cost of borrowing
  17. 240
  18. saving
  19. 72
  20. reinvesting
  21. 24
  22. 700
  23. 280
  24. an emergency fund
  25. 200
  26. talk to parents
  27. spending
  28. a cinema ticket
  29. 1080
  30. better paint for cards
  31. to keep trust
  32. 120
  33. 75
  34. 140
  35. 1016
  36. 63
  37. 325
  38. 1100
  39. 450
  40. 70

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