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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 190 · 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.Zoya’s stall made a profit of ₹2000. Zoya saves 20% of it. How many rupees are saved?
  2. 2.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  3. 3.Zoya’s stall made a profit of ₹1800. Zoya saves 20% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  7. 7.Nisha’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  10. 10.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Arjun’s stall made a profit of ₹1200. Arjun saves 20% of it. How many rupees are saved?
  13. 13.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) more seeds for next time
  14. 14.Nisha’s stall made a profit of ₹1300. Nisha saves 20% of it. How many rupees are saved?
  15. 15.Zoya’s stall made a profit of ₹500. Zoya saves 25% of it. How many rupees are saved?
  16. 16.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  19. 19.Dev’s stall made a profit of ₹1200. Dev saves 50% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  21. 21.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  24. 24.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.👪 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
  26. 26.Meera’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Saanvi’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Aarav’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  30. 30.Zoya’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 reinvested?
  31. 31.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Nisha’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Ishaan’s stall made a profit of ₹800. Ishaan saves 25% of it. How many rupees are saved?
  35. 35.Saanvi’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Aarav’s stall made a profit of ₹1700. Aarav saves 25% of it. How many rupees are saved?
  37. 37.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  38. 38.Kavya’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?
  39. 39.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 400
  2. the cost of borrowing
  3. 360
  4. spending
  5. for bad days and goals
  6. a cinema ticket
  7. 200
  8. 440
  9. putting profit back in
  10. 48
  11. 20
  12. 240
  13. profit put in a bank
  14. 260
  15. 125
  16. 140
  17. to keep trust
  18. spending
  19. 600
  20. saving
  21. an emergency fund
  22. saving
  23. saving
  24. 18
  25. talk to parents
  26. 900
  27. 180
  28. 850
  29. a piggy bank for later
  30. 180
  31. 1020
  32. 40
  33. 60
  34. 200
  35. 350
  36. 425
  37. buying a second juicer
  38. 175
  39. 30
  40. 35

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