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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 451 · 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.Aarav’s stall made a profit of ₹1200. Aarav saves 20% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  4. 4.Vihaan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is saving? (a) a new video game (b) buying a second juicer (c) better paint for cards (d) a piggy bank for later
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  7. 7.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  8. 8.Joseph’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Aarav’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  13. 13.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) buying a second juicer
  14. 14.Tara’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  16. 16.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) better paint for cards
  18. 18.Joseph’s stall made a profit of ₹1300. Joseph saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  20. 20.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Kabir’s stall made a profit of ₹600. Kabir saves 20% of it. How many rupees are saved?
  22. 22.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) a new video game
  23. 23.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) a new video game
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  25. 25.Kabir’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  27. 27.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Dev’s stall made a profit of ₹1900. Dev saves 50% of it. How many rupees are saved?
  29. 29.Aarav’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Gurpreet’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Kabir’s stall made a profit of ₹800. Kabir saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  35. 35.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  38. 38.Gurpreet’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  40. 40.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer

Answer key

  1. 240
  2. 312
  3. for bad days and goals
  4. 140
  5. a piggy bank for later
  6. can I pay it back?
  7. putting profit back in
  8. 1020
  9. saving
  10. 204
  11. 760
  12. a cinema ticket
  13. an emergency fund
  14. 700
  15. to keep trust
  16. 18
  17. profit put in a bank
  18. 260
  19. spending
  20. 3
  21. 120
  22. more seeds for next time
  23. better paint for cards
  24. reinvesting
  25. 540
  26. talk to parents
  27. 120
  28. 950
  29. 150
  30. 50
  31. 168
  32. 200
  33. 80
  34. reinvesting
  35. 32
  36. 381
  37. saving
  38. 240
  39. sweets for yourself
  40. buying a second juicer

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