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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 561 · 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.Joseph’s stall made a profit of ₹400. Joseph saves 20% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Lakshmi’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  6. 6.Zoya’s stall made a profit of ₹1000. Zoya saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  11. 11.Kavya’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Zoya’s stall made a profit of ₹700. Zoya saves 50% of it. How many rupees are saved?
  13. 13.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  16. 16.👪 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
  17. 17.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  20. 20.Zoya’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) buying a second juicer
  22. 22.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  24. 24.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) buying a second juicer
  25. 25.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Kabir’s stall made a profit of ₹1900. Kabir saves 10% of it. How many rupees are saved?
  27. 27.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 50% of it. How many rupees are saved?
  28. 28.Rohan’s stall made a profit of ₹900. Rohan saves 10% of it. How many rupees are saved?
  29. 29.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 25% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  31. 31.Ananya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Ishaan’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) better paint for cards
  34. 34.Zoya’s stall made a profit of ₹600. Zoya saves 50% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  38. 38.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Dev’s stall made a profit of ₹900. Dev saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 80
  2. saving
  3. 218
  4. 250
  5. profit put in a bank
  6. 500
  7. 63
  8. the cost of borrowing
  9. reinvesting
  10. reinvesting
  11. 680
  12. 350
  13. can I pay it back?
  14. sweets for yourself
  15. spending
  16. talk to parents
  17. 6
  18. 36
  19. to keep trust
  20. 120
  21. buying a second juicer
  22. 60
  23. spending
  24. a cinema ticket
  25. 12
  26. 190
  27. 500
  28. 90
  29. 375
  30. saving
  31. 250
  32. 380
  33. better paint for cards
  34. 300
  35. a piggy bank for later
  36. spending
  37. saving
  38. 954
  39. 225
  40. 654

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