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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 333 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  2. 2.Arjun’s stall made a profit of ₹700. Arjun saves 20% of it. How many rupees are saved?
  3. 3.Farhan’s stall made a profit of ₹300. Farhan saves 50% of it. How many rupees are saved?
  4. 4.Tara’s stall made a profit of ₹1000. Tara saves 20% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Ananya’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  10. 10.Lakshmi’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  16. 16.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  18. 18.Riya’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  20. 20.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  23. 23.Tara’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) a piggy bank for later
  25. 25.Joseph’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  27. 27.Rohan’s stall made a profit of ₹1800. Rohan saves 50% of it. How many rupees are saved?
  28. 28.🐷 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
  29. 29.Aarav’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  31. 31.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Joseph’s stall made a profit of ₹600. Joseph saves 50% of it. How many rupees are saved?
  34. 34.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  35. 35.💡 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?
  36. 36.Nisha’s stall made a profit of ₹500. Nisha saves 50% of it. How many rupees are saved?
  37. 37.Aarav’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?
  38. 38.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  39. 39.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 60
  2. 140
  3. 150
  4. 200
  5. reinvesting
  6. 27
  7. 56
  8. 300
  9. buying a second juicer
  10. 480
  11. 104
  12. 49
  13. 450
  14. 240
  15. the cost of borrowing
  16. profit put in a bank
  17. saving
  18. 715
  19. talk to parents
  20. sweets for yourself
  21. spending
  22. saving
  23. 840
  24. a piggy bank for later
  25. 40
  26. to keep trust
  27. 900
  28. for bad days and goals
  29. 385
  30. a cinema ticket
  31. 16
  32. 270
  33. 300
  34. putting profit back in
  35. can I pay it back?
  36. 250
  37. 640
  38. better paint for cards
  39. 90
  40. 540

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