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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 13 · 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.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.Meera’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  7. 7.Nisha’s stall made a profit of ₹200. Nisha saves 50% of it. How many rupees are saved?
  8. 8.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  9. 9.Zoya’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  11. 11.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  13. 13.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  17. 17.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  18. 18.Kabir’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Diya’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  21. 21.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  22. 22.Aarav’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  26. 26.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) better paint for cards
  28. 28.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  29. 29.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
  30. 30.Riya’s stall made a profit of ₹1500. Riya saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Nisha’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.👪 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
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Joseph’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  40. 40.Ananya’s stall made a profit of ₹800. Ananya saves 25% of it. How many rupees are saved?

Answer key

  1. 150
  2. 70
  3. 40
  4. spending
  5. 540
  6. for bad days and goals
  7. 100
  8. the cost of borrowing
  9. 600
  10. a piggy bank for later
  11. 56
  12. reinvesting
  13. 106
  14. 840
  15. 180
  16. a cinema ticket
  17. putting profit back in
  18. 1190
  19. 220
  20. reinvesting
  21. sweets for yourself
  22. 330
  23. 742
  24. spending
  25. saving
  26. 48
  27. an emergency fund
  28. to keep trust
  29. 350
  30. 750
  31. 1200
  32. 90
  33. talk to parents
  34. reinvesting
  35. 150
  36. 420
  37. 60
  38. 240
  39. can I pay it back?
  40. 200

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