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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 955 · 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.Vihaan’s stall made a profit of ₹300. Vihaan saves 10% of it. How many rupees are saved?
  2. 2.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  3. 3.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  5. 5.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  6. 6.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  9. 9.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) sweets for yourself
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) a new video game
  13. 13.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) a piggy bank for later
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  15. 15.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  16. 16.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Saanvi’s stall made a profit of ₹400. Saanvi saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  20. 20.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  21. 21.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) an emergency fund
  22. 22.Farhan’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  24. 24.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  27. 27.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) a new video game
  29. 29.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  31. 31.Kavya’s stall made a profit of ₹1600. Kavya saves 50% of it. How many rupees are saved?
  32. 32.Arjun’s stall made a profit of ₹400. Arjun saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  34. 34.Lakshmi’s stall made a profit of ₹1400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Zoya’s stall made a profit of ₹900. Zoya saves 20% of it. How many rupees are saved?
  36. 36.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 ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.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 ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Zoya’s stall made a profit of ₹700. Zoya saves 10% of it. How many rupees are saved?

Answer key

  1. 30
  2. a piggy bank for later
  3. 72
  4. to keep trust
  5. for bad days and goals
  6. 436
  7. can I pay it back?
  8. saving
  9. 45
  10. 105
  11. better paint for cards
  12. a new video game
  13. sweets for yourself
  14. saving
  15. more seeds for next time
  16. 54
  17. 40
  18. 372
  19. spending
  20. the cost of borrowing
  21. a cinema ticket
  22. 1200
  23. reinvesting
  24. 70
  25. putting profit back in
  26. talk to parents
  27. 32
  28. profit put in a bank
  29. 480
  30. buying a second juicer
  31. 800
  32. 40
  33. spending
  34. 420
  35. 180
  36. 648
  37. 721
  38. 318
  39. 30
  40. 70

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