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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 22 · 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.Kabir’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 spent?
  2. 2.Vihaan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 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
  4. 4.Dev’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  9. 9.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  10. 10.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Saanvi’s stall made a profit of ₹300. Saanvi saves 20% of it. How many rupees are saved?
  13. 13.Kabir’s stall made a profit of ₹400. Kabir saves 25% of it. How many rupees are saved?
  14. 14.Vihaan’s stall made a profit of ₹1600. Vihaan saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  17. 17.Kavya’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  20. 20.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  23. 23.Zoya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  26. 26.Ananya’s stall made a profit of ₹1500. Ananya saves 25% of it. How many rupees are saved?
  27. 27.Zoya’s stall made a profit of ₹1200. Zoya saves 25% of it. How many rupees are saved?
  28. 28.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  29. 29.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
  31. 31.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  34. 34.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  37. 37.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  38. 38.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  39. 39.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 585
  2. 935
  3. for bad days and goals
  4. 560
  5. can I pay it back?
  6. saving
  7. spending
  8. reinvesting
  9. sweets for yourself
  10. 200
  11. 240
  12. 60
  13. 100
  14. 400
  15. 15
  16. saving
  17. 570
  18. 216
  19. an emergency fund
  20. 204
  21. 54
  22. talk to parents
  23. 180
  24. 100
  25. the cost of borrowing
  26. 375
  27. 300
  28. a new video game
  29. 1090
  30. a cinema ticket
  31. 10
  32. 324
  33. to keep trust
  34. 130
  35. 496
  36. putting profit back in
  37. a piggy bank for later
  38. saving
  39. 336
  40. 189

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