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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 528 · 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.Kabir’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 25% of it. How many rupees are saved?
  3. 3.Kabir’s stall made a profit of ₹300. Kabir saves 25% of it. How many rupees are saved?
  4. 4.💡 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?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  7. 7.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  9. 9.Arjun’s stall made a profit of ₹500. Arjun saves 25% of it. How many rupees are saved?
  10. 10.Joseph’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) buying a second juicer
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  15. 15.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 10% of it. How many rupees are saved?
  17. 17.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 ₹)?
  18. 18.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  19. 19.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  20. 20.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  23. 23.Ananya’s stall made a profit of ₹2000. Ananya saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Diya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  30. 30.Ananya’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Tara’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  34. 34.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) better paint for cards
  37. 37.Arjun’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  39. 39.Ishaan’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 240
  2. 100
  3. 75
  4. can I pay it back?
  5. spending
  6. spending
  7. the cost of borrowing
  8. saving
  9. 125
  10. 660
  11. talk to parents
  12. reinvesting
  13. profit put in a bank
  14. saving
  15. 30
  16. 80
  17. 116
  18. more seeds for next time
  19. to keep trust
  20. 20
  21. reinvesting
  22. for bad days and goals
  23. 200
  24. 756
  25. 108
  26. 896
  27. 220
  28. saving
  29. reinvesting
  30. 720
  31. 360
  32. 784
  33. putting profit back in
  34. 742
  35. 440
  36. a new video game
  37. 160
  38. 50
  39. 280
  40. 144

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