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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 520 · 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.Zoya’s stall made a profit of ₹600. Zoya saves 50% of it. How many rupees are saved?
  2. 2.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) profit put in a bank
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  4. 4.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.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 ₹)?
  6. 6.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  7. 7.Dev’s stall made a profit of ₹800. Dev saves 25% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Nisha’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 25% of it. How many rupees are saved?
  11. 11.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) an emergency fund (d) a piggy bank for later
  12. 12.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  13. 13.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  14. 14.Diya’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  16. 16.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Diya’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  19. 19.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  21. 21.Rohan’s stall made a profit of ₹1300. Rohan saves 20% of it. How many rupees are saved?
  22. 22.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a new video game
  23. 23.Kabir’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Joseph’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  27. 27.Arjun’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  30. 30.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  31. 31.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Riya’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Arjun’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  36. 36.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  37. 37.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 10% of it. How many rupees are saved?
  39. 39.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  40. 40.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?

Answer key

  1. 300
  2. profit put in a bank
  3. saving
  4. 144
  5. 742
  6. can I pay it back?
  7. 200
  8. 424
  9. 600
  10. 500
  11. buying a second juicer
  12. the cost of borrowing
  13. a piggy bank for later
  14. 240
  15. a cinema ticket
  16. 7
  17. 260
  18. more seeds for next time
  19. sweets for yourself
  20. better paint for cards
  21. 260
  22. a new video game
  23. 210
  24. 165
  25. reinvesting
  26. talk to parents
  27. 630
  28. 400
  29. saving
  30. to keep trust
  31. 824
  32. 440
  33. 600
  34. 618
  35. reinvesting
  36. for bad days and goals
  37. 108
  38. 20
  39. putting profit back in
  40. 70

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