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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 88 · 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.Joseph’s stall made a profit of ₹400. Joseph saves 25% of it. How many rupees are saved?
  2. 2.Arjun’s stall made a profit of ₹800. Arjun saves 50% of it. How many rupees are saved?
  3. 3.Diya’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  5. 5.Ishaan’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  7. 7.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  8. 8.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  9. 9.Which of these is saving? (a) a new video game (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  12. 12.Lakshmi’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) better paint for cards
  14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  18. 18.Joseph’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.🐷 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
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.💡 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?
  26. 26.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  28. 28.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  31. 31.Diya’s stall made a profit of ₹900. Diya saves 20% of it. How many rupees are saved?
  32. 32.Dev’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
  34. 34.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Aarav’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?
  36. 36.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  38. 38.Kabir’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  40. 40.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it

Answer key

  1. 100
  2. 400
  3. 325
  4. more seeds for next time
  5. 540
  6. spending
  7. the cost of borrowing
  8. a cinema ticket
  9. an emergency fund
  10. spending
  11. spending
  12. 600
  13. a piggy bank for later
  14. 106
  15. 50
  16. 208
  17. saving
  18. 320
  19. 375
  20. 63
  21. for bad days and goals
  22. 954
  23. 80
  24. 635
  25. can I pay it back?
  26. 242
  27. reinvesting
  28. 981
  29. 36
  30. saving
  31. 180
  32. 210
  33. better paint for cards
  34. 27
  35. 600
  36. 54
  37. talk to parents
  38. 300
  39. reinvesting
  40. putting profit back in

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