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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 363 · 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 ₹1600. Farhan saves 10% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) profit put in a bank
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
  4. 4.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  5. 5.Kabir’s stall made a profit of ₹1300. Kabir saves 20% of it. How many rupees are saved?
  6. 6.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  7. 7.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  10. 10.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 10% of it. How many rupees are saved?
  11. 11.Kavya’s stall made a profit of ₹1300. Kavya saves 25% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) sweets for yourself
  13. 13.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  16. 16.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  17. 17.Joseph’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  20. 20.Vihaan’s stall made a profit of ₹800. Vihaan saves 20% of it. How many rupees are saved?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  26. 26.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Kavya’s stall made a profit of ₹300. Kavya saves 50% of it. How many rupees are saved?
  31. 31.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  32. 32.Lakshmi’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  35. 35.Gurpreet’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is saving? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  37. 37.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  38. 38.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 25% of it. How many rupees are saved?
  40. 40.Tara’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 160
  2. sweets for yourself
  3. buying a second juicer
  4. a piggy bank for later
  5. 260
  6. can I pay it back?
  7. 63
  8. 56
  9. 100
  10. 130
  11. 325
  12. better paint for cards
  13. 216
  14. 4
  15. for bad days and goals
  16. reinvesting
  17. 150
  18. saving
  19. spending
  20. 160
  21. talk to parents
  22. 312
  23. 96
  24. 220
  25. putting profit back in
  26. 60
  27. saving
  28. spending
  29. 1089
  30. 150
  31. the cost of borrowing
  32. 825
  33. 12
  34. reinvesting
  35. 300
  36. profit put in a bank
  37. to keep trust
  38. 525
  39. 300
  40. 1200

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