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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 68 · 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) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  2. 2.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) an emergency fund
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) a new video game
  4. 4.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  5. 5.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  7. 7.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  9. 9.Aarav’s stall made a profit of ₹600. Aarav saves 25% of it. How many rupees are saved?
  10. 10.Rohan’s stall made a profit of ₹2000. Rohan saves 50% of it. How many rupees are saved?
  11. 11.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) buying a second juicer
  12. 12.Kabir’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  16. 16.Meera’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Kabir’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?
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  19. 19.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Vihaan’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Meera’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?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  24. 24.Farhan’s stall made a profit of ₹1300. Farhan saves 25% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹1500. 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 ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Diya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  30. 30.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  31. 31.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Farhan’s stall made a profit of ₹500. Farhan saves 20% of it. How many rupees are saved?
  33. 33.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Joseph’s stall made a profit of ₹300. Joseph saves 10% of it. How many rupees are saved?
  36. 36.Arjun’s stall made a profit of ₹2000. Arjun saves 50% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  38. 38.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Meera’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. putting profit back in
  2. an emergency fund
  3. buying a second juicer
  4. more seeds for next time
  5. 15
  6. profit put in a bank
  7. 49
  8. sweets for yourself
  9. 150
  10. 1000
  11. a new video game
  12. 160
  13. 112
  14. 84
  15. for bad days and goals
  16. 650
  17. 1020
  18. talk to parents
  19. 620
  20. 300
  21. 120
  22. saving
  23. can I pay it back?
  24. 325
  25. 744
  26. 450
  27. 80
  28. 240
  29. saving
  30. a cinema ticket
  31. 763
  32. 100
  33. 50
  34. 16
  35. 30
  36. 1000
  37. reinvesting
  38. 309
  39. 868
  40. 300

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