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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 193 · 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.Farhan’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?
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  6. 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  7. 7.Dev’s stall made a profit of ₹1400. Dev saves 25% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  11. 11.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  12. 12.Saanvi’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Dev’s stall made a profit of ₹800. Dev saves 20% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) buying a second juicer
  15. 15.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  16. 16.Riya’s stall made a profit of ₹300. Riya saves 20% of it. How many rupees are saved?
  17. 17.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) an emergency fund (d) a new video game
  18. 18.👪 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
  19. 19.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Vihaan’s stall made a profit of ₹800. Vihaan saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Dev’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 spent?
  25. 25.Joseph’s stall made a profit of ₹2000. Joseph saves 20% of it. How many rupees are saved?
  26. 26.Vihaan’s stall made a profit of ₹400. Vihaan saves 50% of it. How many rupees are saved?
  27. 27.Farhan’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Ishaan’s stall made a profit of ₹600. Ishaan saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  33. 33.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  35. 35.Lakshmi’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  37. 37.Tara’s stall made a profit of ₹1300. Tara saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving

Answer key

  1. 1190
  2. to keep trust
  3. saving
  4. sweets for yourself
  5. reinvesting
  6. can I pay it back?
  7. 350
  8. 20
  9. 150
  10. saving
  11. the cost of borrowing
  12. 540
  13. 160
  14. profit put in a bank
  15. a piggy bank for later
  16. 60
  17. a new video game
  18. talk to parents
  19. 880
  20. 42
  21. 160
  22. 70
  23. 420
  24. 280
  25. 400
  26. 200
  27. 760
  28. 20
  29. 32
  30. 300
  31. 972
  32. putting profit back in
  33. 49
  34. reinvesting
  35. 390
  36. better paint for cards
  37. 260
  38. 45
  39. spending
  40. reinvesting

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