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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 820 · 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 ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Meera’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 spent?
  3. 3.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  5. 5.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  6. 6.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 10% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  9. 9.Kavya’s stall made a profit of ₹1500. Kavya saves 20% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  11. 11.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  14. 14.Arjun’s stall made a profit of ₹1600. Arjun saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Ishaan’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) better paint for cards (d) a new video game
  18. 18.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  20. 20.👪 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
  21. 21.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  23. 23.Which of these is saving? (a) an emergency fund (b) a new video game (c) a cinema ticket (d) buying a second juicer
  24. 24.Zoya’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Diya’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  30. 30.Joseph’s stall made a profit of ₹1400. Joseph saves 25% of it. How many rupees are saved?
  31. 31.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  32. 32.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Saanvi’s stall made a profit of ₹1300. Saanvi saves 20% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  37. 37.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?

Answer key

  1. 585
  2. 605
  3. 200
  4. a cinema ticket
  5. buying a second juicer
  6. 180
  7. saving
  8. saving
  9. 300
  10. spending
  11. the cost of borrowing
  12. saving
  13. reinvesting
  14. 800
  15. 309
  16. 360
  17. a new video game
  18. for bad days and goals
  19. spending
  20. talk to parents
  21. 336
  22. better paint for cards
  23. an emergency fund
  24. 540
  25. 70
  26. 315
  27. 180
  28. 440
  29. to keep trust
  30. 350
  31. can I pay it back?
  32. 208
  33. 72
  34. 354
  35. 260
  36. sweets for yourself
  37. 6
  38. 30
  39. 90
  40. 550

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