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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 329 · 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.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Kabir’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  5. 5.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) more seeds for next time
  6. 6.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  7. 7.Diya’s stall made a profit of ₹700. Diya saves 20% of it. How many rupees are saved?
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) sweets for yourself
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  10. 10.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  12. 12.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Arjun’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  16. 16.Saanvi’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?
  17. 17.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  20. 20.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  21. 21.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  22. 22.Meera’s stall made a profit of ₹1400. Meera saves 20% of it. How many rupees are saved?
  23. 23.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  24. 24.Riya’s stall made a profit of ₹200. Riya saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) an emergency fund
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  29. 29.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  31. 31.Saanvi’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Ishaan’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  34. 34.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Saanvi’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹900. Zoya saves 20% of it. How many rupees are saved?
  39. 39.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  40. 40.Diya’s stall made a profit of ₹2000. Diya saves 20% of it. How many rupees are saved?

Answer key

  1. 70
  2. 24
  3. 180
  4. putting profit back in
  5. profit put in a bank
  6. a piggy bank for later
  7. 140
  8. sweets for yourself
  9. saving
  10. can I pay it back?
  11. better paint for cards
  12. 550
  13. 480
  14. 40
  15. 200
  16. 200
  17. 525
  18. 40
  19. spending
  20. to keep trust
  21. 350
  22. 280
  23. the cost of borrowing
  24. 20
  25. 116
  26. buying a second juicer
  27. reinvesting
  28. saving
  29. a cinema ticket
  30. spending
  31. 700
  32. 150
  33. talk to parents
  34. 889
  35. 480
  36. 72
  37. 204
  38. 180
  39. an emergency fund
  40. 400

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