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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 344 · 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.Saanvi’s stall made a profit of ₹1900. Saanvi saves 25% of it. How many rupees are saved?
  2. 2.Aarav’s stall made a profit of ₹1400. Aarav saves 50% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  5. 5.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) buying a second juicer
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) better paint for cards (d) a piggy bank for later
  7. 7.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Kabir’s stall made a profit of ₹600. Kabir saves 10% of it. How many rupees are saved?
  10. 10.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  11. 11.Ananya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Nisha’s stall made a profit of ₹1800. Nisha saves 25% of it. How many rupees are saved?
  15. 15.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 ₹)?
  16. 16.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  17. 17.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  19. 19.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  24. 24.Kabir’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Kabir’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.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 ₹)?
  27. 27.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  28. 28.Dev’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Aarav’s stall made a profit of ₹800. Aarav saves 10% of it. How many rupees are saved?
  30. 30.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  32. 32.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  34. 34.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  35. 35.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  38. 38.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  39. 39.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting

Answer key

  1. 475
  2. 700
  3. 848
  4. reinvesting
  5. profit put in a bank
  6. better paint for cards
  7. 126
  8. 30
  9. 60
  10. for bad days and goals
  11. 1260
  12. 32
  13. 18
  14. 450
  15. 440
  16. an emergency fund
  17. 100
  18. putting profit back in
  19. 708
  20. a piggy bank for later
  21. reinvesting
  22. 612
  23. can I pay it back?
  24. 400
  25. 60
  26. 260
  27. to keep trust
  28. 660
  29. 80
  30. 150
  31. spending
  32. buying a second juicer
  33. talk to parents
  34. the cost of borrowing
  35. 200
  36. 812
  37. saving
  38. more seeds for next time
  39. 108
  40. saving

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