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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 850 · 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.Ishaan’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  3. 3.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Arjun’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  7. 7.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  8. 8.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  12. 12.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) better paint for cards
  14. 14.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  17. 17.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  19. 19.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Ishaan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Saanvi’s stall made a profit of ₹1600. Saanvi saves 20% of it. How many rupees are saved?
  22. 22.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  23. 23.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Diya’s stall made a profit of ₹1500. Diya saves 10% of it. How many rupees are saved?
  27. 27.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  28. 28.Diya’s stall made a profit of ₹1000. Diya saves 50% of it. How many rupees are saved?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  30. 30.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  33. 33.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Riya’s stall made a profit of ₹700. Riya saves 25% of it. How many rupees are saved?
  37. 37.Ananya’s stall made a profit of ₹1300. Ananya saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹1200. Nisha saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 160
  2. to keep trust
  3. 448
  4. 240
  5. 50
  6. saving
  7. better paint for cards
  8. 650
  9. 424
  10. 880
  11. saving
  12. putting profit back in
  13. a new video game
  14. 24
  15. a cinema ticket
  16. spending
  17. 236
  18. can I pay it back?
  19. 4
  20. 120
  21. 320
  22. the cost of borrowing
  23. 590
  24. reinvesting
  25. 660
  26. 150
  27. for bad days and goals
  28. 500
  29. talk to parents
  30. 40
  31. 64
  32. sweets for yourself
  33. 224
  34. 24
  35. 32
  36. 175
  37. 130
  38. 18
  39. 300
  40. 12

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