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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 704 · 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.Dev’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  4. 4.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  5. 5.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  7. 7.Saanvi’s stall made a profit of ₹1600. Saanvi saves 10% of it. How many rupees are saved?
  8. 8.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  10. 10.Lakshmi’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  12. 12.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  13. 13.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Joseph’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Diya’s stall made a profit of ₹1200. Diya saves 50% of it. How many rupees are saved?
  16. 16.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  17. 17.Gurpreet’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  19. 19.Rohan’s stall made a profit of ₹1000. Rohan saves 10% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) profit put in a bank
  21. 21.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  24. 24.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  27. 27.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Which of these is saving? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) an emergency fund
  29. 29.Vihaan’s stall made a profit of ₹1100. Vihaan saves 20% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Arjun’s stall made a profit of ₹500. Arjun saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Nisha’s stall made a profit of ₹900. Nisha saves 10% of it. How many rupees are saved?
  37. 37.Arjun’s stall made a profit of ₹1700. Arjun saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  40. 40.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 240
  2. reinvesting
  3. buying a second juicer
  4. 360
  5. to keep trust
  6. saving
  7. 160
  8. the cost of borrowing
  9. spending
  10. 150
  11. profit put in a bank
  12. a cinema ticket
  13. 118
  14. 40
  15. 600
  16. a piggy bank for later
  17. 1120
  18. more seeds for next time
  19. 100
  20. a new video game
  21. 18
  22. 315
  23. can I pay it back?
  24. 204
  25. 12
  26. better paint for cards
  27. 24
  28. an emergency fund
  29. 220
  30. 575
  31. spending
  32. 105
  33. 50
  34. 4
  35. 24
  36. 90
  37. 850
  38. 48
  39. talk to parents
  40. 1240

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