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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 522 · 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.Aarav’s stall made a profit of ₹800. Aarav saves 25% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  4. 4.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  6. 6.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  7. 7.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) profit put in a bank
  9. 9.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  11. 11.Rohan’s stall made a profit of ₹1800. Rohan saves 50% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) more seeds for next time
  13. 13.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  17. 17.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  18. 18.Vihaan’s stall made a profit of ₹700. Vihaan saves 25% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  21. 21.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) an emergency fund
  22. 22.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  23. 23.Riya’s stall made a profit of ₹1500. Riya saves 25% of it. How many rupees are saved?
  24. 24.Aarav’s stall made a profit of ₹600. Aarav saves 25% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  26. 26.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  28. 28.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  30. 30.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  31. 31.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  34. 34.Kabir’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  36. 36.Riya’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Ishaan’s stall made a profit of ₹1600. Ishaan saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 200
  2. 1180
  3. to keep trust
  4. 650
  5. better paint for cards
  6. can I pay it back?
  7. 275
  8. sweets for yourself
  9. profit put in a bank
  10. talk to parents
  11. 900
  12. an emergency fund
  13. 992
  14. 45
  15. 1040
  16. for bad days and goals
  17. more seeds for next time
  18. 175
  19. spending
  20. reinvesting
  21. buying a second juicer
  22. 50
  23. 375
  24. 150
  25. saving
  26. 14
  27. saving
  28. 650
  29. a cinema ticket
  30. a piggy bank for later
  31. 80
  32. 40
  33. reinvesting
  34. 125
  35. reinvesting
  36. 570
  37. 400
  38. 24
  39. spending
  40. 1170

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