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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 688 · 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.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 10% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  4. 4.Gurpreet’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  6. 6.Kabir’s stall made a profit of ₹1900. Kabir saves 10% of it. How many rupees are saved?
  7. 7.Saanvi’s stall made a profit of ₹1600. Saanvi saves 50% of it. How many rupees are saved?
  8. 8.💡 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?
  9. 9.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 ₹)?
  10. 10.Nisha’s stall made a profit of ₹1700. Nisha saves 20% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  14. 14.Dev’s stall made a profit of ₹700. Dev saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  17. 17.Joseph’s stall made a profit of ₹1700. Joseph saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
  21. 21.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Kabir’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  28. 28.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  29. 29.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 25% of it. How many rupees are saved?
  30. 30.Kabir’s stall made a profit of ₹1800. Kabir saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  33. 33.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  35. 35.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 ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  38. 38.Rohan’s stall made a profit of ₹2000. Rohan saves 10% of it. How many rupees are saved?
  39. 39.Kavya’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) profit put in a bank

Answer key

  1. 50
  2. saving
  3. an emergency fund
  4. 720
  5. for bad days and goals
  6. 190
  7. 800
  8. can I pay it back?
  9. 115
  10. 340
  11. profit put in a bank
  12. reinvesting
  13. a cinema ticket
  14. 175
  15. 348
  16. to keep trust
  17. 170
  18. 40
  19. 708
  20. sweets for yourself
  21. 42
  22. 770
  23. 280
  24. reinvesting
  25. 24
  26. spending
  27. reinvesting
  28. buying a second juicer
  29. 475
  30. 180
  31. 918
  32. talk to parents
  33. 150
  34. more seeds for next time
  35. 416
  36. 42
  37. better paint for cards
  38. 200
  39. 140
  40. a new video game

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