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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 198 · 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.Kabir’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  4. 4.Diya’s stall made a profit of ₹200. Diya saves 10% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  6. 6.Ishaan’s stall made a profit of ₹1900. Ishaan saves 50% of it. How many rupees are saved?
  7. 7.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) an emergency fund (d) a new video game
  9. 9.Tara’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Tara’s stall made a profit of ₹200. Tara saves 50% of it. How many rupees are saved?
  11. 11.Diya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  14. 14.Nisha’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  16. 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) profit put in a bank
  17. 17.Riya’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Aarav’s stall made a profit of ₹1000. Aarav saves 10% of it. How many rupees are saved?
  19. 19.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  20. 20.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  22. 22.Diya’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  25. 25.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  26. 26.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Gurpreet’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  29. 29.Joseph’s stall made a profit of ₹200. Joseph saves 10% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  31. 31.Saanvi’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  33. 33.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Lakshmi’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹1700. Vihaan saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Kabir’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 spent?

Answer key

  1. 400
  2. 805
  3. saving
  4. 20
  5. a piggy bank for later
  6. 950
  7. for bad days and goals
  8. a new video game
  9. 600
  10. 100
  11. 840
  12. 880
  13. the cost of borrowing
  14. 40
  15. spending
  16. better paint for cards
  17. 490
  18. 100
  19. to keep trust
  20. putting profit back in
  21. saving
  22. 420
  23. spending
  24. spending
  25. can I pay it back?
  26. 224
  27. 220
  28. talk to parents
  29. 20
  30. buying a second juicer
  31. 280
  32. profit put in a bank
  33. 16
  34. 420
  35. 42
  36. 340
  37. 32
  38. 80
  39. 180
  40. 350

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