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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 654 · 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) the cost of borrowing (c) a discount (d) free money
  2. 2.Arjun’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 spent?
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  4. 4.Farhan’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Dev’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a new video game
  8. 8.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  12. 12.Diya’s stall made a profit of ₹1400. Diya saves 10% of it. How many rupees are saved?
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  14. 14.Farhan’s stall made a profit of ₹600. Farhan saves 10% of it. How many rupees are saved?
  15. 15.Zoya’s stall made a profit of ₹1000. Zoya saves 20% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  17. 17.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) sweets for yourself
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  20. 20.Dev’s stall made a profit of ₹200. Dev saves 25% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) buying a second juicer
  24. 24.Farhan’s stall made a profit of ₹1800. Farhan saves 25% of it. How many rupees are saved?
  25. 25.Saanvi’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  27. 27.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  29. 29.Saanvi’s stall made a profit of ₹600. Saanvi saves 20% of it. How many rupees are saved?
  30. 30.Saanvi’s stall made a profit of ₹200. Saanvi saves 25% of it. How many rupees are saved?
  31. 31.Kavya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Dev’s stall made a profit of ₹1700. Dev saves 50% of it. How many rupees are saved?
  33. 33.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
  34. 34.Joseph’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 reinvested?
  35. 35.Vihaan’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹1600. Zoya saves 25% of it. How many rupees are saved?
  40. 40.Kavya’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. the cost of borrowing
  2. 1000
  3. better paint for cards
  4. 1050
  5. 600
  6. 500
  7. an emergency fund
  8. 121
  9. 840
  10. 72
  11. to keep trust
  12. 140
  13. putting profit back in
  14. 60
  15. 200
  16. saving
  17. more seeds for next time
  18. reinvesting
  19. spending
  20. 50
  21. spending
  22. 108
  23. buying a second juicer
  24. 450
  25. 90
  26. a new video game
  27. 20
  28. reinvesting
  29. 120
  30. 50
  31. 40
  32. 850
  33. 200
  34. 280
  35. 300
  36. 108
  37. 24
  38. 412
  39. 400
  40. 1400

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