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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 139 · 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.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 20% of it. How many rupees are saved?
  2. 2.Saanvi’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  5. 5.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) sweets for yourself
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  8. 8.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a new video game
  9. 9.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  11. 11.Zoya’s stall made a profit of ₹1500. Zoya saves 50% of it. How many rupees are saved?
  12. 12.Gurpreet’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  15. 15.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  16. 16.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  17. 17.Gurpreet’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?
  18. 18.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  19. 19.Farhan’s stall made a profit of ₹1100. Farhan saves 10% of it. How many rupees are saved?
  20. 20.Nisha’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) an emergency fund (d) buying a second juicer
  23. 23.Dev’s stall made a profit of ₹200. Dev saves 25% of it. How many rupees are saved?
  24. 24.Dev’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Arjun’s stall made a profit of ₹1400. Arjun saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a cinema ticket
  30. 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  31. 31.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Kabir’s stall made a profit of ₹500. Kabir saves 50% of it. How many rupees are saved?
  33. 33.Aarav’s stall made a profit of ₹1500. Aarav saves 50% of it. How many rupees are saved?
  34. 34.Rohan’s stall made a profit of ₹1900. Rohan saves 25% of it. How many rupees are saved?
  35. 35.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  36. 36.Meera’s stall made a profit of ₹700. Meera saves 50% of it. How many rupees are saved?
  37. 37.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 20% of it. How many rupees are saved?
  38. 38.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  39. 39.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 50% of it. How many rupees are saved?
  40. 40.Diya’s stall made a profit of ₹1400. Diya saves 50% of it. How many rupees are saved?

Answer key

  1. 180
  2. 250
  3. 18
  4. reinvesting
  5. a piggy bank for later
  6. talk to parents
  7. saving
  8. a new video game
  9. to keep trust
  10. saving
  11. 750
  12. 80
  13. sweets for yourself
  14. reinvesting
  15. 130
  16. putting profit back in
  17. 650
  18. for bad days and goals
  19. 110
  20. 320
  21. the cost of borrowing
  22. buying a second juicer
  23. 50
  24. 300
  25. 700
  26. 18
  27. 18
  28. 40
  29. an emergency fund
  30. can I pay it back?
  31. 109
  32. 250
  33. 750
  34. 475
  35. better paint for cards
  36. 350
  37. 240
  38. a cinema ticket
  39. 100
  40. 700

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