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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 65 · 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.Gurpreet’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  5. 5.Ananya’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Kabir’s stall made a profit of ₹1000. Kabir saves 50% of it. How many rupees are saved?
  7. 7.Riya’s stall made a profit of ₹800. Riya saves 10% of it. How many rupees are saved?
  8. 8.Gurpreet’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 spent?
  9. 9.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  10. 10.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  12. 12.💡 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?
  13. 13.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) profit put in a bank
  14. 14.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  18. 18.Ishaan’s stall made a profit of ₹1900. Ishaan saves 25% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  22. 22.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  24. 24.Ananya’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Vihaan’s stall made a profit of ₹1100. Vihaan saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 25% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) better paint for cards
  29. 29.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Diya’s stall made a profit of ₹1600. Diya saves 20% of it. How many rupees are saved?
  31. 31.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  32. 32.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
  34. 34.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  35. 35.Gurpreet’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Diya’s stall made a profit of ₹600. Diya saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 650
  2. a new video game
  3. better paint for cards
  4. saving
  5. 160
  6. 500
  7. 80
  8. 600
  9. putting profit back in
  10. 1160
  11. sweets for yourself
  12. can I pay it back?
  13. profit put in a bank
  14. buying a second juicer
  15. spending
  16. saving
  17. talk to parents
  18. 475
  19. 54
  20. 160
  21. spending
  22. 120
  23. saving
  24. 400
  25. 550
  26. 20
  27. 150
  28. an emergency fund
  29. 98
  30. 320
  31. a piggy bank for later
  32. 1089
  33. 140
  34. a cinema ticket
  35. 400
  36. 15
  37. 110
  38. 300
  39. 115
  40. 60

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