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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 43 · 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.

NameDateTime takenScore ___ / 40
  1. 1.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  2. 2.Gurpreet’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  5. 5.Tara’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  8. 8.Saanvi’s stall made a profit of ₹2000. Saanvi saves 10% of it. How many rupees are saved?
  9. 9.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  10. 10.Meera’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Tara’s stall made a profit of ₹800. Tara saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  16. 16.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Ishaan’s stall made a profit of ₹500. Ishaan saves 20% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) profit put in a bank
  20. 20.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  21. 21.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  24. 24.Diya’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Rohan’s stall made a profit of ₹300. Rohan saves 25% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) a cinema ticket (b) a new video game (c) sweets for yourself (d) a piggy bank for later
  29. 29.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) buying a second juicer
  30. 30.Diya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Vihaan’s stall made a profit of ₹1400. Vihaan saves 20% of it. How many rupees are saved?
  33. 33.Tara’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Aarav’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Kavya’s stall made a profit of ₹2000. Kavya saves 50% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  37. 37.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Tara’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?

Answer key

  1. the cost of borrowing
  2. 600
  3. spending
  4. saving
  5. 300
  6. better paint for cards
  7. talk to parents
  8. 200
  9. can I pay it back?
  10. 270
  11. 200
  12. 42
  13. 206
  14. putting profit back in
  15. saving
  16. 42
  17. 100
  18. 116
  19. more seeds for next time
  20. an emergency fund
  21. 968
  22. a cinema ticket
  23. spending
  24. 520
  25. 160
  26. 30
  27. 75
  28. a piggy bank for later
  29. buying a second juicer
  30. 200
  31. 472
  32. 280
  33. 400
  34. 150
  35. 1000
  36. a new video game
  37. 27
  38. 950
  39. 832
  40. 100

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