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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 753 · 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.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  2. 2.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  3. 3.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  5. 5.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  8. 8.Lakshmi’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  10. 10.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  12. 12.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  13. 13.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 20% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is saving? (a) an emergency fund (b) a new video game (c) better paint for cards (d) sweets for yourself
  17. 17.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) buying a second juicer (d) better paint for cards
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  19. 19.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  21. 21.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Joseph’s stall made a profit of ₹1500. Joseph saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  24. 24.Rohan’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  26. 26.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  27. 27.Zoya’s stall made a profit of ₹1500. Zoya saves 25% of it. How many rupees are saved?
  28. 28.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Meera’s stall made a profit of ₹1100. Meera saves 25% of it. How many rupees are saved?
  31. 31.Joseph’s stall made a profit of ₹400. Joseph saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  35. 35.Vihaan’s stall made a profit of ₹1800. Vihaan saves 20% of it. How many rupees are saved?
  36. 36.Arjun’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Rohan’s stall made a profit of ₹900. Rohan saves 20% of it. How many rupees are saved?
  38. 38.Ananya’s stall made a profit of ₹600. Ananya saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Farhan’s stall made a profit of ₹300. Farhan saves 25% of it. How many rupees are saved?

Answer key

  1. to keep trust
  2. the cost of borrowing
  3. 40
  4. saving
  5. 448
  6. putting profit back in
  7. spending
  8. 360
  9. spending
  10. 75
  11. saving
  12. sweets for yourself
  13. 220
  14. 742
  15. 84
  16. an emergency fund
  17. profit put in a bank
  18. reinvesting
  19. better paint for cards
  20. spending
  21. 1160
  22. 300
  23. saving
  24. 200
  25. reinvesting
  26. a cinema ticket
  27. 375
  28. 200
  29. 72
  30. 275
  31. 40
  32. 484
  33. 216
  34. talk to parents
  35. 360
  36. 400
  37. 180
  38. 60
  39. 8
  40. 75

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