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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 442 · 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.Dev’s stall made a profit of ₹500. Dev saves 50% of it. How many rupees are saved?
  2. 2.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  4. 4.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  5. 5.Rohan’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Joseph’s stall made a profit of ₹600. Joseph saves 10% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  8. 8.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  10. 10.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  12. 12.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  17. 17.👪 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
  18. 18.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Kabir’s stall made a profit of ₹1900. Kabir saves 20% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) a new video game
  23. 23.Aarav’s stall made a profit of ₹1500. Aarav saves 20% of it. How many rupees are saved?
  24. 24.Meera’s stall made a profit of ₹900. Meera saves 20% of it. How many rupees are saved?
  25. 25.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) a new video game
  26. 26.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  29. 29.Saanvi’s stall made a profit of ₹600. Saanvi saves 10% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  32. 32.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  33. 33.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  35. 35.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  37. 37.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Aarav’s stall made a profit of ₹1300. Aarav saves 50% of it. How many rupees are saved?

Answer key

  1. 250
  2. for bad days and goals
  3. to keep trust
  4. the cost of borrowing
  5. 595
  6. 60
  7. a piggy bank for later
  8. 742
  9. saving
  10. 90
  11. can I pay it back?
  12. 240
  13. 330
  14. 872
  15. 1143
  16. spending
  17. talk to parents
  18. 54
  19. 380
  20. spending
  21. reinvesting
  22. a new video game
  23. 300
  24. 180
  25. better paint for cards
  26. 20
  27. 40
  28. 200
  29. 60
  30. sweets for yourself
  31. saving
  32. a cinema ticket
  33. 84
  34. saving
  35. 120
  36. reinvesting
  37. 954
  38. 950
  39. 24
  40. 650

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