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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 186 · 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.Rohan’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  3. 3.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 20% of it. How many rupees are saved?
  5. 5.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  6. 6.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  10. 10.Rohan’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  12. 12.Riya’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?
  13. 13.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  14. 14.Vihaan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  17. 17.🐷 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
  18. 18.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Tara’s stall made a profit of ₹2000. Tara saves 25% of it. How many rupees are saved?
  20. 20.Kabir’s stall made a profit of ₹1200. Kabir saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  23. 23.Ishaan’s stall made a profit of ₹700. Ishaan saves 10% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  26. 26.Nisha’s stall made a profit of ₹1800. Nisha saves 25% of it. How many rupees are saved?
  27. 27.👪 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
  28. 28.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  30. 30.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Lakshmi’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Farhan’s stall made a profit of ₹1300. Farhan saves 25% of it. How many rupees are saved?
  33. 33.Kabir’s stall made a profit of ₹900. Kabir saves 20% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  38. 38.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹200. Joseph saves 20% of it. How many rupees are saved?

Answer key

  1. 180
  2. putting profit back in
  3. 868
  4. 360
  5. the cost of borrowing
  6. 510
  7. 1040
  8. profit put in a bank
  9. spending
  10. 675
  11. better paint for cards
  12. 175
  13. more seeds for next time
  14. 935
  15. 109
  16. a cinema ticket
  17. for bad days and goals
  18. 749
  19. 500
  20. 240
  21. 96
  22. can I pay it back?
  23. 70
  24. an emergency fund
  25. reinvesting
  26. 450
  27. talk to parents
  28. 24
  29. to keep trust
  30. 108
  31. 800
  32. 325
  33. 180
  34. reinvesting
  35. 214
  36. 336
  37. sweets for yourself
  38. 14
  39. 436
  40. 40

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