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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 413 · 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.Kavya’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) buying a second juicer
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  5. 5.💡 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
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  7. 7.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  8. 8.Tara’s stall made a profit of ₹1500. Tara saves 10% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  10. 10.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 ₹)?
  11. 11.Nisha’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 10% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  14. 14.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 20% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  17. 17.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Vihaan’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Meera’s stall made a profit of ₹1600. Meera saves 50% of it. How many rupees are saved?
  20. 20.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  21. 21.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  22. 22.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
  23. 23.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) a new video game
  27. 27.Meera’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  29. 29.Dev’s stall made a profit of ₹300. Dev saves 20% of it. How many rupees are saved?
  30. 30.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  31. 31.Kabir’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?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  33. 33.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  34. 34.Nisha’s stall made a profit of ₹1100. Nisha saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  39. 39.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 50% of it. How many rupees are saved?
  40. 40.Aarav’s stall made a profit of ₹1300. Aarav saves 25% of it. How many rupees are saved?

Answer key

  1. 180
  2. an emergency fund
  3. saving
  4. spending
  5. can I pay it back?
  6. a new video game
  7. more seeds for next time
  8. 150
  9. profit put in a bank
  10. 912
  11. 800
  12. 90
  13. spending
  14. 200
  15. saving
  16. reinvesting
  17. 36
  18. 80
  19. 800
  20. to keep trust
  21. the cost of borrowing
  22. sweets for yourself
  23. 135
  24. 90
  25. a piggy bank for later
  26. buying a second juicer
  27. 380
  28. talk to parents
  29. 60
  30. 50
  31. 220
  32. reinvesting
  33. putting profit back in
  34. 110
  35. 770
  36. 16
  37. 18
  38. a cinema ticket
  39. 500
  40. 325

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