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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 580 · 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.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  2. 2.Diya’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Farhan’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.💡 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?
  5. 5.Joseph’s stall made a profit of ₹1400. Joseph saves 10% of it. How many rupees are saved?
  6. 6.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  7. 7.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) a new video game
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  10. 10.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  12. 12.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  13. 13.Tara’s stall made a profit of ₹300. Tara saves 25% of it. How many rupees are saved?
  14. 14.Rohan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  19. 19.Kavya’s stall made a profit of ₹1700. Kavya saves 20% of it. How many rupees are saved?
  20. 20.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 20% of it. How many rupees are saved?
  21. 21.Vihaan’s stall made a profit of ₹300. Vihaan saves 25% of it. How many rupees are saved?
  22. 22.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
  23. 23.👪 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
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  25. 25.Which of these is saving? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) better paint for cards
  26. 26.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Meera’s stall made a profit of ₹1400. Meera saves 10% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  30. 30.Dev’s stall made a profit of ₹500. Dev saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Nisha’s stall made a profit of ₹1800. Nisha saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Vihaan’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Riya’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  38. 38.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Kavya’s stall made a profit of ₹1100. Kavya saves 50% of it. How many rupees are saved?

Answer key

  1. to keep trust
  2. 510
  3. 360
  4. can I pay it back?
  5. 140
  6. the cost of borrowing
  7. 18
  8. a new video game
  9. saving
  10. 475
  11. saving
  12. for bad days and goals
  13. 75
  14. 340
  15. 832
  16. reinvesting
  17. spending
  18. reinvesting
  19. 340
  20. 180
  21. 75
  22. more seeds for next time
  23. talk to parents
  24. spending
  25. profit put in a bank
  26. 30
  27. 189
  28. 140
  29. saving
  30. 250
  31. 560
  32. 180
  33. 100
  34. 120
  35. 684
  36. 780
  37. better paint for cards
  38. 126
  39. 208
  40. 550

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