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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 399 · 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) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  2. 2.Arjun’s stall made a profit of ₹600. Arjun saves 20% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  4. 4.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  5. 5.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  7. 7.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Diya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Rohan’s stall made a profit of ₹700. Rohan saves 10% of it. How many rupees are saved?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  11. 11.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Dev’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Kavya’s stall made a profit of ₹1700. 10% is saved, 20% 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 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  20. 20.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  21. 21.Joseph’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Ananya’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Meera’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  26. 26.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) a piggy bank for later
  28. 28.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a new video game
  32. 32.Zoya’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Ananya’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  36. 36.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
  37. 37.Joseph’s stall made a profit of ₹1600. Joseph saves 25% of it. How many rupees are saved?
  38. 38.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  39. 39.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) more seeds for next time

Answer key

  1. putting profit back in
  2. 120
  3. more seeds for next time
  4. an emergency fund
  5. for bad days and goals
  6. sweets for yourself
  7. 135
  8. 300
  9. 70
  10. talk to parents
  11. 36
  12. 954
  13. 540
  14. 1190
  15. 1080
  16. 120
  17. spending
  18. saving
  19. reinvesting
  20. the cost of borrowing
  21. 100
  22. 780
  23. 160
  24. 912
  25. saving
  26. 660
  27. a cinema ticket
  28. 530
  29. 45
  30. 27
  31. a new video game
  32. 60
  33. 210
  34. 570
  35. can I pay it back?
  36. buying a second juicer
  37. 400
  38. better paint for cards
  39. 212
  40. profit put in a bank

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