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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 813 · 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.Riya’s stall made a profit of ₹800. Riya saves 20% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  3. 3.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  5. 5.Vihaan’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 50% of it. How many rupees are saved?
  7. 7.Tara’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  11. 11.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  12. 12.Kavya’s stall made a profit of ₹1200. Kavya saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Joseph’s stall made a profit of ₹600. Joseph saves 10% of it. How many rupees are saved?
  15. 15.Dev’s stall made a profit of ₹1600. Dev saves 20% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  18. 18.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  19. 19.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?
  20. 20.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  21. 21.Tara’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 spent?
  22. 22.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) an emergency fund
  24. 24.Meera’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  27. 27.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  29. 29.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  31. 31.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) better paint for cards
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  34. 34.Dev’s stall made a profit of ₹900. Dev saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  37. 37.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) profit put in a bank
  40. 40.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) a new video game

Answer key

  1. 160
  2. a cinema ticket
  3. 309
  4. sweets for yourself
  5. 240
  6. 400
  7. 715
  8. for bad days and goals
  9. saving
  10. more seeds for next time
  11. the cost of borrowing
  12. 120
  13. 208
  14. 60
  15. 320
  16. spending
  17. reinvesting
  18. a piggy bank for later
  19. 190
  20. profit put in a bank
  21. 855
  22. 60
  23. a new video game
  24. 600
  25. 48
  26. putting profit back in
  27. 600
  28. talk to parents
  29. can I pay it back?
  30. saving
  31. an emergency fund
  32. saving
  33. spending
  34. 450
  35. 1200
  36. to keep trust
  37. 856
  38. 14
  39. better paint for cards
  40. buying a second juicer

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