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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 781 · 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 ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  3. 3.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  5. 5.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Vihaan’s stall made a profit of ₹700. Vihaan saves 20% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  8. 8.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Diya’s stall made a profit of ₹1800. Diya saves 10% of it. How many rupees are saved?
  11. 11.Nisha’s stall made a profit of ₹1800. Nisha saves 25% of it. How many rupees are saved?
  12. 12.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  13. 13.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) buying a second juicer
  14. 14.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  16. 16.Lakshmi’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  22. 22.Vihaan’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?
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) sweets for yourself
  24. 24.Meera’s stall made a profit of ₹800. Meera saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Vihaan’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?
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  28. 28.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) buying a second juicer
  29. 29.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  36. 36.Kavya’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Rohan’s stall made a profit of ₹200. Rohan saves 10% of it. How many rupees are saved?
  38. 38.Kavya’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) profit put in a bank
  40. 40.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 600
  2. for bad days and goals
  3. a piggy bank for later
  4. can I pay it back?
  5. 40
  6. 140
  7. a cinema ticket
  8. 116
  9. 990
  10. 180
  11. 450
  12. to keep trust
  13. a new video game
  14. sweets for yourself
  15. saving
  16. 150
  17. saving
  18. talk to parents
  19. reinvesting
  20. the cost of borrowing
  21. saving
  22. 120
  23. more seeds for next time
  24. 80
  25. 48
  26. 150
  27. reinvesting
  28. buying a second juicer
  29. 20
  30. 480
  31. 54
  32. 325
  33. 240
  34. 180
  35. reinvesting
  36. 440
  37. 20
  38. 1100
  39. profit put in a bank
  40. 954

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