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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 523 · 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.Kabir’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  4. 4.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  7. 7.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  9. 9.Kabir’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Saanvi’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  12. 12.Dev’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  15. 15.Joseph’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  17. 17.Aarav’s stall made a profit of ₹1300. Aarav saves 20% of it. How many rupees are saved?
  18. 18.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) an emergency fund
  19. 19.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) a new video game
  22. 22.Farhan’s stall made a profit of ₹1600. Farhan saves 10% of it. How many rupees are saved?
  23. 23.Diya’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Ishaan’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Arjun’s stall made a profit of ₹1800. Arjun saves 20% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  27. 27.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  30. 30.Ishaan’s stall made a profit of ₹1900. Ishaan saves 20% of it. How many rupees are saved?
  31. 31.Aarav’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Kavya’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Ananya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  36. 36.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Kabir’s stall made a profit of ₹1500. Kabir saves 20% of it. How many rupees are saved?
  39. 39.Ishaan’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending

Answer key

  1. 40
  2. 40
  3. more seeds for next time
  4. the cost of borrowing
  5. talk to parents
  6. saving
  7. 48
  8. to keep trust
  9. 180
  10. 320
  11. spending
  12. 90
  13. 60
  14. saving
  15. 400
  16. putting profit back in
  17. 260
  18. sweets for yourself
  19. 15
  20. 770
  21. better paint for cards
  22. 160
  23. 600
  24. 595
  25. 360
  26. saving
  27. 636
  28. spending
  29. reinvesting
  30. 380
  31. 1200
  32. 342
  33. 360
  34. 1260
  35. buying a second juicer
  36. 18
  37. 24
  38. 300
  39. 560
  40. reinvesting

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