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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 181 · 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.Rohan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  3. 3.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  4. 4.Kavya’s stall made a profit of ₹1200. Kavya saves 25% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  9. 9.Rohan’s stall made a profit of ₹1100. Rohan saves 20% of it. How many rupees are saved?
  10. 10.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 ₹)?
  11. 11.Vihaan’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Nisha’s stall made a profit of ₹800. Nisha saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) an emergency fund (d) profit put in a bank
  15. 15.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Ishaan’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Riya’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  23. 23.Arjun’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  27. 27.Arjun’s stall made a profit of ₹400. Arjun saves 50% of it. How many rupees are saved?
  28. 28.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
  29. 29.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  30. 30.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) a piggy bank for later
  31. 31.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) more seeds for next time
  32. 32.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Arjun’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?
  37. 37.Farhan’s stall made a profit of ₹500. Farhan saves 20% of it. How many rupees are saved?
  38. 38.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  39. 39.Vihaan’s stall made a profit of ₹200. Vihaan saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 495
  2. putting profit back in
  3. the cost of borrowing
  4. 300
  5. 848
  6. 15
  7. a cinema ticket
  8. saving
  9. 220
  10. 981
  11. 125
  12. 80
  13. 8
  14. better paint for cards
  15. 12
  16. 30
  17. 315
  18. 280
  19. 1040
  20. saving
  21. 770
  22. can I pay it back?
  23. 480
  24. spending
  25. spending
  26. talk to parents
  27. 200
  28. profit put in a bank
  29. sweets for yourself
  30. buying a second juicer
  31. an emergency fund
  32. 963
  33. 1060
  34. reinvesting
  35. 72
  36. 250
  37. 100
  38. to keep trust
  39. 50
  40. 1100

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