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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 175 · 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 ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  3. 3.Nisha’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  5. 5.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  6. 6.Ananya’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?
  7. 7.Vihaan’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  9. 9.Rohan’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  11. 11.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) more seeds for next time
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  13. 13.Aarav’s stall made a profit of ₹1000. Aarav saves 20% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  15. 15.Zoya’s stall made a profit of ₹1400. Zoya saves 10% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  17. 17.Gurpreet’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  19. 19.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  20. 20.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  23. 23.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  24. 24.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  25. 25.Ishaan’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Riya’s stall made a profit of ₹900. Riya saves 25% of it. How many rupees are saved?
  27. 27.Meera’s stall made a profit of ₹1300. Meera saves 25% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  29. 29.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  30. 30.Joseph’s stall made a profit of ₹800. Joseph saves 10% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  32. 32.Diya’s stall made a profit of ₹200. Diya saves 10% of it. How many rupees are saved?
  33. 33.Vihaan’s stall made a profit of ₹900. Vihaan saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  37. 37.Diya’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  39. 39.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a new video game
  40. 40.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 212
  2. putting profit back in
  3. 750
  4. 275
  5. profit put in a bank
  6. 660
  7. 240
  8. reinvesting
  9. 570
  10. saving
  11. more seeds for next time
  12. talk to parents
  13. 200
  14. reinvesting
  15. 140
  16. spending
  17. 280
  18. for bad days and goals
  19. an emergency fund
  20. 56
  21. 64
  22. saving
  23. the cost of borrowing
  24. 500
  25. 300
  26. 225
  27. 325
  28. saving
  29. to keep trust
  30. 80
  31. reinvesting
  32. 20
  33. 180
  34. 15
  35. spending
  36. spending
  37. 1190
  38. better paint for cards
  39. a new video game
  40. 416

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