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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 846 · 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.Kabir’s stall made a profit of ₹1700. Kabir saves 25% of it. How many rupees are saved?
  2. 2.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  3. 3.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  6. 6.Aarav’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  8. 8.Tara’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  10. 10.Zoya’s stall made a profit of ₹800. Zoya saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  12. 12.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  13. 13.Joseph’s stall made a profit of ₹400. Joseph saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Vihaan’s stall made a profit of ₹900. Vihaan saves 25% of it. How many rupees are saved?
  16. 16.Kavya’s stall made a profit of ₹1900. Kavya saves 50% of it. How many rupees are saved?
  17. 17.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  20. 20.👪 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
  21. 21.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  23. 23.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) buying a second juicer
  24. 24.Gurpreet’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  27. 27.Riya’s stall made a profit of ₹200. Riya saves 50% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) a new video game
  30. 30.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Riya’s stall made a profit of ₹300. Riya saves 10% of it. How many rupees are saved?
  32. 32.Saanvi’s stall made a profit of ₹1700. Saanvi saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  36. 36.Rohan’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  39. 39.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason

Answer key

  1. 425
  2. the cost of borrowing
  3. 210
  4. 1060
  5. an emergency fund
  6. 300
  7. spending
  8. 140
  9. to keep trust
  10. 200
  11. reinvesting
  12. 90
  13. 40
  14. 14
  15. 225
  16. 950
  17. putting profit back in
  18. a cinema ticket
  19. saving
  20. talk to parents
  21. can I pay it back?
  22. reinvesting
  23. buying a second juicer
  24. 1000
  25. 72
  26. saving
  27. 100
  28. 4
  29. more seeds for next time
  30. 318
  31. 30
  32. 340
  33. 770
  34. 390
  35. profit put in a bank
  36. 390
  37. 330
  38. better paint for cards
  39. 126
  40. for bad days and goals

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