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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 698 · 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) spending it on games (d) putting profit back in
  2. 2.Diya’s stall made a profit of ₹1300. Diya saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  5. 5.Ishaan’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is saving? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a cinema ticket
  7. 7.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 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.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  11. 11.Riya’s stall made a profit of ₹1800. Riya saves 25% of it. How many rupees are saved?
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  13. 13.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Kavya’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Aarav’s stall made a profit of ₹200. Aarav saves 20% of it. How many rupees are saved?
  18. 18.Arjun’s stall made a profit of ₹2000. Arjun saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  21. 21.Zoya’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  24. 24.Rohan’s stall made a profit of ₹1000. Rohan saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  26. 26.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  27. 27.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Ananya’s stall made a profit of ₹300. Ananya saves 50% of it. How many rupees are saved?
  29. 29.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
  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 ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  33. 33.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Ishaan’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) better paint for cards
  36. 36.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  37. 37.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  39. 39.Gurpreet’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Vihaan’s stall made a profit of ₹1600. Vihaan saves 10% of it. How many rupees are saved?

Answer key

  1. putting profit back in
  2. 130
  3. 889
  4. saving
  5. 700
  6. an emergency fund
  7. 1062
  8. to keep trust
  9. more seeds for next time
  10. a cinema ticket
  11. 450
  12. talk to parents
  13. 450
  14. saving
  15. 60
  16. 660
  17. 40
  18. 400
  19. 32
  20. spending
  21. 600
  22. 20
  23. can I pay it back?
  24. 200
  25. reinvesting
  26. sweets for yourself
  27. 24
  28. 150
  29. profit put in a bank
  30. 50
  31. 910
  32. the cost of borrowing
  33. 16
  34. 950
  35. a piggy bank for later
  36. a new video game
  37. 936
  38. better paint for cards
  39. 1080
  40. 160

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