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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 837 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 25% of it. How many rupees are saved?
  2. 2.Gurpreet’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  4. 4.Dev’s stall made a profit of ₹1600. Dev saves 20% of it. How many rupees are saved?
  5. 5.Rohan’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  7. 7.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Joseph’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  10. 10.Tara’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  15. 15.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Aarav’s stall made a profit of ₹900. Aarav saves 10% of it. How many rupees are saved?
  17. 17.Arjun’s stall made a profit of ₹1400. Arjun saves 25% of it. How many rupees are saved?
  18. 18.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  19. 19.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  20. 20.💡 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?
  21. 21.Dev’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  24. 24.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  26. 26.Lakshmi’s stall made a profit of ₹1400. 25% is saved, 50% 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 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  29. 29.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Riya’s stall made a profit of ₹1500. Riya saves 50% of it. How many rupees are saved?
  32. 32.Kabir’s stall made a profit of ₹2000. Kabir saves 20% of it. How many rupees are saved?
  33. 33.Zoya’s stall made a profit of ₹1800. Zoya saves 20% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Vihaan’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Zoya’s stall made a profit of ₹300. Zoya saves 25% of it. How many rupees are saved?
  37. 37.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) profit put in a bank
  38. 38.Kabir’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?
  39. 39.Kavya’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 250
  2. 100
  3. buying a second juicer
  4. 320
  5. 405
  6. sweets for yourself
  7. 321
  8. 240
  9. reinvesting
  10. 200
  11. spending
  12. saving
  13. 9
  14. spending
  15. 24
  16. 90
  17. 350
  18. 350
  19. to keep trust
  20. can I pay it back?
  21. 660
  22. 16
  23. the cost of borrowing
  24. putting profit back in
  25. spending
  26. 700
  27. 144
  28. for bad days and goals
  29. 230
  30. 832
  31. 750
  32. 400
  33. 360
  34. 360
  35. 200
  36. 75
  37. better paint for cards
  38. 250
  39. 320
  40. 224

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