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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 685 · 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.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  2. 2.Farhan’s stall made a profit of ₹1000. Farhan saves 10% of it. How many rupees are saved?
  3. 3.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a new video game
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  8. 8.Zoya’s stall made a profit of ₹900. Zoya saves 50% of it. How many rupees are saved?
  9. 9.Joseph’s stall made a profit of ₹1500. Joseph saves 10% of it. How many rupees are saved?
  10. 10.Zoya’s stall made a profit of ₹1000. Zoya saves 20% of it. How many rupees are saved?
  11. 11.Lakshmi’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Aarav’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Saanvi’s stall made a profit of ₹1600. Saanvi saves 50% of it. How many rupees are saved?
  14. 14.Kabir’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  16. 16.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) buying a second juicer
  17. 17.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  18. 18.Kabir’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Kavya’s stall made a profit of ₹200. Kavya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.💡 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?
  22. 22.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  24. 24.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Rohan’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) better paint for cards
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  30. 30.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  31. 31.Nisha’s stall made a profit of ₹900. Nisha saves 50% of it. How many rupees are saved?
  32. 32.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
  33. 33.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 ₹)?
  34. 34.Kavya’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 reinvested?
  35. 35.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Ananya’s stall made a profit of ₹1200. Ananya saves 25% of it. How many rupees are saved?
  37. 37.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  39. 39.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Nisha’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 275
  2. 100
  3. the cost of borrowing
  4. reinvesting
  5. for bad days and goals
  6. a new video game
  7. saving
  8. 450
  9. 150
  10. 200
  11. 100
  12. 760
  13. 800
  14. 1000
  15. buying a second juicer
  16. profit put in a bank
  17. a piggy bank for later
  18. 750
  19. 50
  20. 4
  21. can I pay it back?
  22. sweets for yourself
  23. saving
  24. putting profit back in
  25. 416
  26. 60
  27. 848
  28. an emergency fund
  29. reinvesting
  30. better paint for cards
  31. 450
  32. 130
  33. 960
  34. 60
  35. 1040
  36. 300
  37. 50
  38. talk to parents
  39. 1180
  40. 180

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