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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 164 · 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 ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Tara’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  4. 4.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
  5. 5.Kabir’s stall made a profit of ₹400. Kabir saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  9. 9.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  11. 11.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  13. 13.Zoya’s stall made a profit of ₹800. Zoya saves 25% of it. How many rupees are saved?
  14. 14.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  15. 15.Tara’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Nisha’s stall made a profit of ₹600. Nisha saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Kabir’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Lakshmi’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) buying a second juicer
  24. 24.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  25. 25.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  27. 27.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) a new video game (d) more seeds for next time
  29. 29.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Joseph’s stall made a profit of ₹1800. Joseph saves 10% of it. How many rupees are saved?
  31. 31.Meera’s stall made a profit of ₹700. Meera saves 25% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  33. 33.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Ananya’s stall made a profit of ₹400. Ananya saves 25% of it. How many rupees are saved?
  35. 35.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  36. 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Diya’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals

Answer key

  1. 440
  2. 200
  3. the cost of borrowing
  4. 250
  5. 100
  6. saving
  7. 120
  8. saving
  9. putting profit back in
  10. talk to parents
  11. profit put in a bank
  12. saving
  13. 200
  14. can I pay it back?
  15. 450
  16. 144
  17. 150
  18. 27
  19. 20
  20. 630
  21. 120
  22. 160
  23. buying a second juicer
  24. a cinema ticket
  25. 1060
  26. reinvesting
  27. 84
  28. more seeds for next time
  29. 18
  30. 180
  31. 175
  32. a piggy bank for later
  33. 864
  34. 100
  35. to keep trust
  36. 56
  37. 96
  38. 595
  39. 360
  40. for bad days and goals

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