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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 573 · 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.Aarav’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  3. 3.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  6. 6.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  9. 9.Joseph’s stall made a profit of ₹1300. Joseph saves 20% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) a new video game
  11. 11.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  14. 14.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  15. 15.Nisha’s stall made a profit of ₹800. Nisha saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  17. 17.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  19. 19.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 10% of it. How many rupees are saved?
  21. 21.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 25% of it. How many rupees are saved?
  22. 22.Ishaan’s stall made a profit of ₹1600. Ishaan saves 50% of it. How many rupees are saved?
  23. 23.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  24. 24.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) buying a second juicer
  25. 25.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Kabir’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  30. 30.Zoya’s stall made a profit of ₹1100. Zoya saves 10% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  32. 32.Which of these is saving? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  34. 34.Gurpreet’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?
  35. 35.Riya’s stall made a profit of ₹2000. Riya saves 50% of it. How many rupees are saved?
  36. 36.Diya’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Meera’s stall made a profit of ₹1800. Meera saves 20% of it. How many rupees are saved?
  39. 39.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving

Answer key

  1. 135
  2. putting profit back in
  3. a new video game
  4. saving
  5. better paint for cards
  6. 243
  7. reinvesting
  8. spending
  9. 260
  10. an emergency fund
  11. 550
  12. reinvesting
  13. saving
  14. for bad days and goals
  15. 400
  16. spending
  17. 40
  18. the cost of borrowing
  19. 48
  20. 190
  21. 250
  22. 800
  23. can I pay it back?
  24. a piggy bank for later
  25. 30
  26. 120
  27. 32
  28. 1060
  29. buying a second juicer
  30. 110
  31. more seeds for next time
  32. profit put in a bank
  33. saving
  34. 40
  35. 1000
  36. 330
  37. 106
  38. 360
  39. to keep trust
  40. spending

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