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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 397 · 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: sweets for yourself? (a) reinvesting (b) saving (c) spending
  2. 2.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.Meera’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  5. 5.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  7. 7.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  9. 9.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  10. 10.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  12. 12.Rohan’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  14. 14.Kavya’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  17. 17.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  20. 20.Kavya’s stall made a profit of ₹1200. Kavya saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) a new video game
  25. 25.Gurpreet’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  27. 27.Saanvi’s stall made a profit of ₹1500. Saanvi saves 10% of it. How many rupees are saved?
  28. 28.Saanvi’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 50% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Arjun’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  34. 34.Lakshmi’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Farhan’s stall made a profit of ₹400. Farhan saves 25% of it. How many rupees are saved?
  36. 36.Farhan’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  38. 38.Rohan’s stall made a profit of ₹1900. Rohan saves 20% of it. How many rupees are saved?
  39. 39.Saanvi’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?

Answer key

  1. spending
  2. 826
  3. 240
  4. to keep trust
  5. 936
  6. profit put in a bank
  7. 150
  8. buying a second juicer
  9. the cost of borrowing
  10. 72
  11. reinvesting
  12. 420
  13. talk to parents
  14. 490
  15. 60
  16. putting profit back in
  17. 981
  18. a piggy bank for later
  19. saving
  20. 300
  21. 56
  22. 54
  23. an emergency fund
  24. better paint for cards
  25. 150
  26. for bad days and goals
  27. 150
  28. 750
  29. 200
  30. 1180
  31. 560
  32. 220
  33. 40
  34. 100
  35. 100
  36. 240
  37. spending
  38. 380
  39. 300
  40. can I pay it back?

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