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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 910 · 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.Meera’s stall made a profit of ₹1300. Meera saves 10% of it. How many rupees are saved?
  2. 2.Vihaan’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Nisha’s stall made a profit of ₹1800. Nisha saves 20% of it. How many rupees are saved?
  4. 4.🐷 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
  5. 5.Nisha’s stall made a profit of ₹500. Nisha saves 50% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Aarav’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  12. 12.Diya’s stall made a profit of ₹200. Diya saves 25% of it. How many rupees are saved?
  13. 13.Lakshmi’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  21. 21.Ananya’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Which of these is saving? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) profit put in a bank
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  24. 24.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) an emergency fund
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  27. 27.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  29. 29.Joseph’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  31. 31.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 20% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  33. 33.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  36. 36.Saanvi’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  38. 38.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Vihaan’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 reinvested?
  40. 40.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket

Answer key

  1. 130
  2. 280
  3. 360
  4. for bad days and goals
  5. 250
  6. spending
  7. 8
  8. 212
  9. 840
  10. spending
  11. reinvesting
  12. 50
  13. 60
  14. 120
  15. 1090
  16. 9
  17. 72
  18. 927
  19. 318
  20. buying a second juicer
  21. 680
  22. profit put in a bank
  23. talk to parents
  24. better paint for cards
  25. saving
  26. reinvesting
  27. 106
  28. putting profit back in
  29. 560
  30. to keep trust
  31. 400
  32. a piggy bank for later
  33. 275
  34. 1170
  35. the cost of borrowing
  36. 450
  37. spending
  38. 1120
  39. 90
  40. a cinema ticket

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