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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 464 · 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) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  2. 2.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 50% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Vihaan’s stall made a profit of ₹800. Vihaan saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) an emergency fund
  9. 9.Rohan’s stall made a profit of ₹2000. Rohan saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  12. 12.Meera’s stall made a profit of ₹1700. Meera saves 50% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Meera’s stall made a profit of ₹800. Meera saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.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 ₹)?
  19. 19.💡 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?
  20. 20.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Rohan’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) buying a second juicer
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  24. 24.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Joseph’s stall made a profit of ₹800. Joseph saves 50% of it. How many rupees are saved?
  26. 26.Kabir’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Riya’s stall made a profit of ₹1900. Riya saves 50% of it. How many rupees are saved?
  28. 28.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 10% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  30. 30.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) buying a second juicer
  32. 32.Meera’s stall made a profit of ₹900. Meera saves 10% of it. How many rupees are saved?
  33. 33.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  34. 34.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  35. 35.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) a new video game
  36. 36.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  37. 37.Aarav’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Zoya’s stall made a profit of ₹1300. Zoya saves 50% of it. How many rupees are saved?
  39. 39.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  40. 40.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. putting profit back in
  2. 250
  3. 416
  4. 363
  5. 400
  6. saving
  7. talk to parents
  8. a new video game
  9. 500
  10. 56
  11. reinvesting
  12. 850
  13. 216
  14. 460
  15. 102
  16. 80
  17. 12
  18. 212
  19. can I pay it back?
  20. 168
  21. 240
  22. an emergency fund
  23. saving
  24. 30
  25. 400
  26. 245
  27. 950
  28. 190
  29. spending
  30. 130
  31. a cinema ticket
  32. 90
  33. for bad days and goals
  34. sweets for yourself
  35. better paint for cards
  36. the cost of borrowing
  37. 350
  38. 650
  39. to keep trust
  40. 10

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