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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 473 · 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 ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  4. 4.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 10% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  7. 7.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  8. 8.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) profit put in a bank
  9. 9.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 ₹)?
  10. 10.Nisha’s stall made a profit of ₹700. Nisha saves 10% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  15. 15.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  16. 16.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  18. 18.Arjun’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  21. 21.Kabir’s stall made a profit of ₹1300. Kabir saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  23. 23.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  24. 24.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  26. 26.Gurpreet’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  28. 28.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 25% of it. How many rupees are saved?
  29. 29.Rohan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Farhan’s stall made a profit of ₹1700. Farhan saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Aarav’s stall made a profit of ₹1400. Aarav saves 25% of it. How many rupees are saved?
  34. 34.Tara’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?
  35. 35.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) sweets for yourself
  38. 38.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Kavya’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 850
  2. can I pay it back?
  3. talk to parents
  4. 100
  5. 436
  6. reinvesting
  7. the cost of borrowing
  8. more seeds for next time
  9. 1143
  10. 70
  11. 1090
  12. profit put in a bank
  13. spending
  14. spending
  15. buying a second juicer
  16. 275
  17. saving
  18. 1045
  19. to keep trust
  20. saving
  21. 650
  22. spending
  23. putting profit back in
  24. 75
  25. saving
  26. 160
  27. for bad days and goals
  28. 425
  29. 450
  30. 124
  31. 170
  32. 105
  33. 350
  34. 280
  35. 40
  36. 84
  37. an emergency fund
  38. 210
  39. 750
  40. 106

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