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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 743 · 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.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  3. 3.Zoya’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  6. 6.Meera’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) buying a second juicer
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  9. 9.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  10. 10.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is saving? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  12. 12.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  13. 13.Gurpreet’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Farhan’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  16. 16.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  18. 18.Ananya’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  20. 20.Nisha’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) more seeds for next time
  23. 23.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Meera’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.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 ₹)?
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  31. 31.Arjun’s stall made a profit of ₹1300. Arjun saves 10% of it. How many rupees are saved?
  32. 32.Vihaan’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Saanvi’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 reinvested?
  34. 34.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  35. 35.Farhan’s stall made a profit of ₹1300. Farhan saves 25% of it. How many rupees are saved?
  36. 36.Kavya’s stall made a profit of ₹700. Kavya saves 10% of it. How many rupees are saved?
  37. 37.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  38. 38.Saanvi’s stall made a profit of ₹1400. Saanvi saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Ananya’s stall made a profit of ₹400. Ananya saves 50% of it. How many rupees are saved?

Answer key

  1. spending
  2. a new video game
  3. 150
  4. 50
  5. reinvesting
  6. 210
  7. a piggy bank for later
  8. better paint for cards
  9. more seeds for next time
  10. 721
  11. an emergency fund
  12. putting profit back in
  13. 180
  14. 540
  15. a cinema ticket
  16. 84
  17. the cost of borrowing
  18. 400
  19. saving
  20. 350
  21. 540
  22. profit put in a bank
  23. 144
  24. 540
  25. 24
  26. 840
  27. reinvesting
  28. saving
  29. saving
  30. spending
  31. 130
  32. 720
  33. 360
  34. to keep trust
  35. 325
  36. 70
  37. can I pay it back?
  38. 700
  39. 40
  40. 200

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