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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 858 · 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.Zoya’s stall made a profit of ₹400. Zoya saves 10% of it. How many rupees are saved?
  2. 2.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  6. 6.Joseph’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Joseph’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 spent?
  8. 8.Saanvi’s stall made a profit of ₹400. Saanvi saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Dev’s stall made a profit of ₹1900. Dev saves 20% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  14. 14.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  15. 15.Diya’s stall made a profit of ₹1300. Diya saves 10% of it. How many rupees are saved?
  16. 16.Meera’s stall made a profit of ₹1200. Meera saves 50% of it. How many rupees are saved?
  17. 17.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  18. 18.Nisha’s stall made a profit of ₹200. Nisha saves 25% of it. How many rupees are saved?
  19. 19.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  20. 20.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  21. 21.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  28. 28.Rohan’s stall made a profit of ₹1400. Rohan saves 50% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  30. 30.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Joseph’s stall made a profit of ₹900. Joseph saves 10% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) an emergency fund
  33. 33.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  38. 38.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) a new video game
  40. 40.Zoya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 40
  2. 150
  3. 90
  4. to keep trust
  5. talk to parents
  6. 720
  7. 600
  8. 80
  9. 10
  10. profit put in a bank
  11. 920
  12. 380
  13. spending
  14. a piggy bank for later
  15. 130
  16. 600
  17. an emergency fund
  18. 50
  19. the cost of borrowing
  20. can I pay it back?
  21. for bad days and goals
  22. sweets for yourself
  23. reinvesting
  24. spending
  25. reinvesting
  26. 784
  27. spending
  28. 700
  29. saving
  30. 708
  31. 90
  32. buying a second juicer
  33. 648
  34. saving
  35. 20
  36. 150
  37. reinvesting
  38. 144
  39. better paint for cards
  40. 250

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