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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 641 · 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.Ananya’s stall made a profit of ₹1500. Ananya saves 20% of it. How many rupees are saved?
  2. 2.Rohan’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.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 ₹)?
  4. 4.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  9. 9.Diya’s stall made a profit of ₹1400. Diya saves 20% of it. How many rupees are saved?
  10. 10.Diya’s stall made a profit of ₹800. Diya saves 10% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  13. 13.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  14. 14.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  17. 17.Farhan’s stall made a profit of ₹1500. Farhan saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  23. 23.Zoya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  25. 25.Vihaan’s stall made a profit of ₹1500. Vihaan saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  29. 29.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  31. 31.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Joseph’s stall made a profit of ₹2000. Joseph saves 10% of it. How many rupees are saved?
  35. 35.Ananya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Vihaan’s stall made a profit of ₹1500. Vihaan saves 25% of it. How many rupees are saved?
  37. 37.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  38. 38.Farhan’s stall made a profit of ₹1200. Farhan saves 25% of it. How many rupees are saved?
  39. 39.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  40. 40.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) an emergency fund

Answer key

  1. 300
  2. 360
  3. 944
  4. 70
  5. talk to parents
  6. a new video game
  7. reinvesting
  8. spending
  9. 280
  10. 80
  11. profit put in a bank
  12. spending
  13. the cost of borrowing
  14. 70
  15. 5
  16. a cinema ticket
  17. 150
  18. 240
  19. 32
  20. reinvesting
  21. 72
  22. to keep trust
  23. 570
  24. buying a second juicer
  25. 300
  26. 120
  27. 1040
  28. saving
  29. 20
  30. saving
  31. 228
  32. reinvesting
  33. 9
  34. 200
  35. 350
  36. 375
  37. 100
  38. 300
  39. putting profit back in
  40. better paint for cards

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