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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 307 · 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.Vihaan’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) sweets for yourself
  3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) an emergency fund
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  7. 7.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  8. 8.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  11. 11.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  14. 14.Dev’s stall made a profit of ₹1900. Dev saves 10% of it. How many rupees are saved?
  15. 15.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  18. 18.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 20% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) better paint for cards
  20. 20.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Kabir’s stall made a profit of ₹500. Kabir saves 50% of it. How many rupees are saved?
  22. 22.Nisha’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?
  23. 23.Gurpreet’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 10% of it. How many rupees are saved?
  25. 25.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
  26. 26.Dev’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) buying a second juicer
  29. 29.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  31. 31.Nisha’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.💡 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?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  36. 36.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Joseph’s stall made a profit of ₹200. Joseph saves 10% of it. How many rupees are saved?
  38. 38.Farhan’s stall made a profit of ₹1100. Farhan saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?

Answer key

  1. 160
  2. an emergency fund
  3. better paint for cards
  4. spending
  5. to keep trust
  6. talk to parents
  7. the cost of borrowing
  8. 535
  9. reinvesting
  10. saving
  11. 24
  12. reinvesting
  13. sweets for yourself
  14. 190
  15. profit put in a bank
  16. saving
  17. spending
  18. 380
  19. a new video game
  20. 168
  21. 250
  22. 125
  23. 210
  24. 170
  25. 120
  26. 390
  27. 896
  28. buying a second juicer
  29. 106
  30. putting profit back in
  31. 525
  32. can I pay it back?
  33. 212
  34. 6
  35. reinvesting
  36. 72
  37. 20
  38. 110
  39. 864
  40. 30

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