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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 222 · 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.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  2. 2.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?
  3. 3.Dev’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) a cinema ticket
  5. 5.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a new video game
  6. 6.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  8. 8.Kabir’s stall made a profit of ₹1900. Kabir saves 50% of it. How many rupees are saved?
  9. 9.Ishaan’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 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
  11. 11.Vihaan’s stall made a profit of ₹2000. 20% 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 ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  16. 16.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) buying a second juicer
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  18. 18.Farhan’s stall made a profit of ₹1800. Farhan saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  20. 20.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  21. 21.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Vihaan’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  27. 27.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  29. 29.Ishaan’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  31. 31.Dev’s stall made a profit of ₹700. Dev saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  34. 34.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  35. 35.Tara’s stall made a profit of ₹1000. Tara saves 10% of it. How many rupees are saved?
  36. 36.Ananya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  38. 38.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Tara’s stall made a profit of ₹700. Tara saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 170
  2. 350
  3. 270
  4. better paint for cards
  5. profit put in a bank
  6. putting profit back in
  7. spending
  8. 950
  9. 380
  10. for bad days and goals
  11. 1000
  12. 90
  13. 60
  14. 6
  15. spending
  16. a new video game
  17. talk to parents
  18. 360
  19. saving
  20. to keep trust
  21. 963
  22. 540
  23. 108
  24. 321
  25. 54
  26. a piggy bank for later
  27. 4
  28. spending
  29. 245
  30. the cost of borrowing
  31. 350
  32. 192
  33. reinvesting
  34. more seeds for next time
  35. 100
  36. 640
  37. buying a second juicer
  38. 318
  39. 175
  40. 20

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