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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 630 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Meera’s stall made a profit of ₹500. Meera saves 20% of it. How many rupees are saved?
  2. 2.Riya’s stall made a profit of ₹200. Riya saves 20% of it. How many rupees are saved?
  3. 3.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  4. 4.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  7. 7.Which of these is saving? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) profit put in a bank
  8. 8.Lakshmi’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Tara’s stall made a profit of ₹1200. Tara saves 50% of it. How many rupees are saved?
  10. 10.Ishaan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  14. 14.Ananya’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Zoya’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?
  16. 16.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Aarav’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Nisha’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  21. 21.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  24. 24.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Tara’s stall made a profit of ₹1500. Tara saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  29. 29.Meera’s stall made a profit of ₹1000. Meera saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  35. 35.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  37. 37.Kabir’s stall made a profit of ₹1000. Kabir saves 25% of it. How many rupees are saved?
  38. 38.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  39. 39.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving

Answer key

  1. 100
  2. 40
  3. to keep trust
  4. for bad days and goals
  5. reinvesting
  6. spending
  7. profit put in a bank
  8. 720
  9. 600
  10. 240
  11. 927
  12. 550
  13. better paint for cards
  14. 120
  15. 120
  16. 81
  17. 100
  18. 300
  19. spending
  20. talk to parents
  21. 896
  22. reinvesting
  23. saving
  24. 24
  25. saving
  26. 12
  27. 150
  28. spending
  29. 200
  30. 420
  31. 1000
  32. 763
  33. 944
  34. the cost of borrowing
  35. 24
  36. a cinema ticket
  37. 250
  38. can I pay it back?
  39. buying a second juicer
  40. saving

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