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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 167 · 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.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) a piggy bank for later
  4. 4.Farhan’s stall made a profit of ₹600. Farhan saves 10% of it. How many rupees are saved?
  5. 5.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 25% of it. How many rupees are saved?
  6. 6.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  7. 7.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 20% of it. How many rupees are saved?
  8. 8.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  9. 9.Tara’s stall made a profit of ₹800. Tara saves 25% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  11. 11.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.Aarav’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Arjun’s stall made a profit of ₹400. Arjun saves 25% of it. How many rupees are saved?
  15. 15.Kavya’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 reinvested?
  16. 16.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 20% of it. How many rupees are saved?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  18. 18.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  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.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  24. 24.Ishaan’s stall made a profit of ₹1200. Ishaan saves 20% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) a new video game (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  26. 26.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  27. 27.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) sweets for yourself
  28. 28.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  30. 30.Zoya’s stall made a profit of ₹1000. Zoya saves 50% of it. How many rupees are saved?
  31. 31.Ananya’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  33. 33.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Kavya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Lakshmi’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 spent?
  36. 36.Kavya’s stall made a profit of ₹1800. Kavya saves 50% of it. How many rupees are saved?
  37. 37.Aarav’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?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  39. 39.Ishaan’s stall made a profit of ₹700. Ishaan saves 25% of it. How many rupees are saved?
  40. 40.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?

Answer key

  1. 18
  2. 816
  3. sweets for yourself
  4. 60
  5. 100
  6. the cost of borrowing
  7. 60
  8. for bad days and goals
  9. 200
  10. more seeds for next time
  11. to keep trust
  12. saving
  13. 500
  14. 100
  15. 150
  16. 120
  17. talk to parents
  18. 770
  19. saving
  20. can I pay it back?
  21. spending
  22. a cinema ticket
  23. saving
  24. 240
  25. an emergency fund
  26. profit put in a bank
  27. better paint for cards
  28. 1016
  29. putting profit back in
  30. 500
  31. 160
  32. buying a second juicer
  33. 515
  34. 330
  35. 175
  36. 900
  37. 250
  38. reinvesting
  39. 175
  40. 605

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