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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 856 · 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) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  2. 2.Joseph’s stall made a profit of ₹1100. Joseph saves 10% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  4. 4.Saanvi’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?
  5. 5.Kavya’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?
  6. 6.Arjun’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Aarav’s stall made a profit of ₹600. Aarav saves 50% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Ananya’s stall made a profit of ₹1200. Ananya saves 20% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  16. 16.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 ₹)?
  17. 17.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  18. 18.Aarav’s stall made a profit of ₹1500. Aarav saves 10% of it. How many rupees are saved?
  19. 19.Gurpreet’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Meera’s stall made a profit of ₹800. Meera saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  23. 23.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  25. 25.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) sweets for yourself
  26. 26.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  29. 29.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 ₹)?
  30. 30.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) more seeds for next time
  34. 34.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  35. 35.👪 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
  36. 36.Tara’s stall made a profit of ₹1900. Tara saves 50% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  38. 38.Ananya’s stall made a profit of ₹1100. Ananya saves 10% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  40. 40.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. putting profit back in
  2. 110
  3. reinvesting
  4. 400
  5. 360
  6. 280
  7. 300
  8. 18
  9. 108
  10. 416
  11. 10
  12. 240
  13. 40
  14. reinvesting
  15. spending
  16. 550
  17. the cost of borrowing
  18. 150
  19. 175
  20. 400
  21. 212
  22. saving
  23. for bad days and goals
  24. spending
  25. a piggy bank for later
  26. 16
  27. 147
  28. sweets for yourself
  29. 412
  30. 535
  31. 4
  32. 1200
  33. a new video game
  34. better paint for cards
  35. talk to parents
  36. 950
  37. reinvesting
  38. 110
  39. saving
  40. 127

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