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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 441 · 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 ₹1100. Vihaan saves 25% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Kavya’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  5. 5.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  6. 6.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) a new video game
  7. 7.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) a new video game
  8. 8.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  12. 12.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  13. 13.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Aarav’s stall made a profit of ₹600. Aarav saves 20% of it. How many rupees are saved?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  16. 16.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Meera’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.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 ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  23. 23.Kabir’s stall made a profit of ₹1800. Kabir saves 20% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  25. 25.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  28. 28.Rohan’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Meera’s stall made a profit of ₹1400. Meera saves 10% of it. How many rupees are saved?
  30. 30.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  31. 31.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) a new video game
  32. 32.Vihaan’s stall made a profit of ₹1100. Vihaan saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  35. 35.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) a new video game
  37. 37.Joseph’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving

Answer key

  1. 275
  2. 27
  3. 240
  4. putting profit back in
  5. the cost of borrowing
  6. a new video game
  7. profit put in a bank
  8. sweets for yourself
  9. spending
  10. reinvesting
  11. saving
  12. an emergency fund
  13. 10
  14. 120
  15. to keep trust
  16. 228
  17. 840
  18. 708
  19. saving
  20. 72
  21. reinvesting
  22. spending
  23. 360
  24. more seeds for next time
  25. 27
  26. 63
  27. better paint for cards
  28. 250
  29. 140
  30. for bad days and goals
  31. buying a second juicer
  32. 110
  33. 981
  34. talk to parents
  35. 24
  36. a piggy bank for later
  37. 280
  38. 135
  39. 30
  40. reinvesting

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