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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 961 · 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.Gurpreet’s stall made a profit of ₹1900. 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 ₹900. Meera saves 50% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  4. 4.Ananya’s stall made a profit of ₹900. Ananya saves 25% of it. How many rupees are saved?
  5. 5.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  6. 6.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 10% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) a new video game
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  9. 9.Kavya’s stall made a profit of ₹900. Kavya saves 20% of it. How many rupees are saved?
  10. 10.Ananya’s stall made a profit of ₹1300. Ananya saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) profit put in a bank
  14. 14.Lakshmi’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  16. 16.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Nisha’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) profit put in a bank
  20. 20.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  22. 22.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  23. 23.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  24. 24.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
  27. 27.Nisha’s stall made a profit of ₹700. Nisha saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  30. 30.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  33. 33.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  35. 35.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) more seeds for next time
  36. 36.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Arjun’s stall made a profit of ₹1700. Arjun saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) better paint for cards (d) a piggy bank for later

Answer key

  1. 855
  2. 450
  3. putting profit back in
  4. 225
  5. the cost of borrowing
  6. 30
  7. an emergency fund
  8. reinvesting
  9. 180
  10. 130
  11. 36
  12. 18
  13. better paint for cards
  14. 400
  15. for bad days and goals
  16. 32
  17. 1330
  18. reinvesting
  19. buying a second juicer
  20. 100
  21. reinvesting
  22. can I pay it back?
  23. to keep trust
  24. 690
  25. 20
  26. 140
  27. 70
  28. spending
  29. talk to parents
  30. 390
  31. profit put in a bank
  32. saving
  33. 10
  34. saving
  35. a new video game
  36. 90
  37. 212
  38. 850
  39. 90
  40. a piggy bank for later

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