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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 466 · 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.Farhan’s stall made a profit of ₹600. Farhan saves 25% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Arjun’s stall made a profit of ₹1200. Arjun saves 50% of it. How many rupees are saved?
  4. 4.Aarav’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  6. 6.Joseph’s stall made a profit of ₹1800. Joseph saves 25% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Tara’s stall made a profit of ₹1300. Tara saves 50% of it. How many rupees are saved?
  12. 12.Saanvi’s stall made a profit of ₹700. Saanvi saves 50% of it. How many rupees are saved?
  13. 13.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  18. 18.Vihaan’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  20. 20.Ishaan’s stall made a profit of ₹500. Ishaan saves 25% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  22. 22.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  24. 24.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  25. 25.Arjun’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Gurpreet’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?
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  29. 29.Nisha’s stall made a profit of ₹1000. Nisha saves 25% of it. How many rupees are saved?
  30. 30.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 ₹)?
  31. 31.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
  32. 32.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  34. 34.Ananya’s stall made a profit of ₹300. Ananya saves 50% of it. How many rupees are saved?
  35. 35.Ishaan’s stall made a profit of ₹1100. Ishaan saves 50% of it. How many rupees are saved?
  36. 36.Aarav’s stall made a profit of ₹900. Aarav saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Aarav’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 reinvested?
  39. 39.Farhan’s stall made a profit of ₹1900. Farhan saves 25% of it. How many rupees are saved?
  40. 40.Ananya’s stall made a profit of ₹800. Ananya saves 25% of it. How many rupees are saved?

Answer key

  1. 150
  2. 36
  3. 600
  4. 220
  5. spending
  6. 450
  7. 927
  8. 945
  9. 960
  10. 590
  11. 650
  12. 350
  13. can I pay it back?
  14. saving
  15. saving
  16. talk to parents
  17. spending
  18. 150
  19. the cost of borrowing
  20. 125
  21. reinvesting
  22. 9
  23. sweets for yourself
  24. more seeds for next time
  25. 780
  26. 742
  27. 300
  28. reinvesting
  29. 250
  30. 550
  31. better paint for cards
  32. 6
  33. for bad days and goals
  34. 150
  35. 550
  36. 180
  37. 60
  38. 260
  39. 475
  40. 200

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