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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 302 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Nisha’s stall made a profit of ₹200. Nisha saves 10% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) more seeds for next time
  3. 3.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  4. 4.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  5. 5.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  7. 7.Kabir’s stall made a profit of ₹1900. Kabir saves 25% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Diya’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 reinvested?
  11. 11.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  12. 12.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Farhan’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?
  16. 16.Kavya’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Ishaan’s stall made a profit of ₹900. Ishaan saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  22. 22.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  23. 23.Rohan’s stall made a profit of ₹700. Rohan saves 25% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  26. 26.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Meera’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) sweets for yourself
  30. 30.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  32. 32.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  33. 33.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  35. 35.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a cinema ticket
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  38. 38.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  39. 39.Kabir’s stall made a profit of ₹1300. Kabir saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 20
  2. a new video game
  3. putting profit back in
  4. profit put in a bank
  5. 456
  6. to keep trust
  7. 475
  8. 108
  9. 30
  10. 400
  11. a cinema ticket
  12. 260
  13. 580
  14. 216
  15. 125
  16. 100
  17. 4
  18. 700
  19. 225
  20. 218
  21. saving
  22. can I pay it back?
  23. 175
  24. 24
  25. talk to parents
  26. 8
  27. 260
  28. 1040
  29. a piggy bank for later
  30. an emergency fund
  31. reinvesting
  32. for bad days and goals
  33. 28
  34. better paint for cards
  35. 40
  36. buying a second juicer
  37. spending
  38. spending
  39. 130
  40. 126

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