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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 373 · 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 ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  4. 4.Rohan’s stall made a profit of ₹2000. Rohan saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  7. 7.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  9. 9.Dev’s stall made a profit of ₹500. Dev saves 10% of it. How many rupees are saved?
  10. 10.Riya’s stall made a profit of ₹1500. Riya saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Riya’s stall made a profit of ₹1800. Riya saves 25% of it. How many rupees are saved?
  14. 14.👪 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
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  16. 16.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Dev’s stall made a profit of ₹800. Dev saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
  22. 22.Nisha’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Kavya’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  27. 27.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  30. 30.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  31. 31.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  32. 32.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  33. 33.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 ₹)?
  34. 34.Kabir’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Lakshmi’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a new video game
  37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  38. 38.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?

Answer key

  1. 540
  2. spending
  3. profit put in a bank
  4. 400
  5. 103
  6. the cost of borrowing
  7. a cinema ticket
  8. saving
  9. 50
  10. 375
  11. saving
  12. 36
  13. 450
  14. talk to parents
  15. spending
  16. a new video game
  17. saving
  18. 448
  19. 200
  20. 14
  21. buying a second juicer
  22. 665
  23. 624
  24. 200
  25. reinvesting
  26. sweets for yourself
  27. 840
  28. to keep trust
  29. spending
  30. for bad days and goals
  31. a piggy bank for later
  32. putting profit back in
  33. 336
  34. 960
  35. 405
  36. an emergency fund
  37. reinvesting
  38. 826
  39. 106
  40. can I pay it back?

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