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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 196 · 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.Diya’s stall made a profit of ₹1100. Diya saves 10% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) sweets for yourself (d) a piggy bank for later
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  4. 4.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  5. 5.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  6. 6.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 10% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  12. 12.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) a cinema ticket
  14. 14.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  16. 16.Zoya’s stall made a profit of ₹700. Zoya saves 10% of it. How many rupees are saved?
  17. 17.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) a cinema ticket
  18. 18.Kavya’s stall made a profit of ₹1700. Kavya saves 25% of it. How many rupees are saved?
  19. 19.Dev’s stall made a profit of ₹1700. Dev saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  23. 23.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Riya’s stall made a profit of ₹1700. Riya saves 50% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  29. 29.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  30. 30.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a piggy bank for later (d) a new video game
  32. 32.Nisha’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Kavya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  37. 37.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Saanvi’s stall made a profit of ₹600. Saanvi saves 20% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹1100. Joseph saves 20% of it. How many rupees are saved?

Answer key

  1. 110
  2. sweets for yourself
  3. talk to parents
  4. the cost of borrowing
  5. an emergency fund
  6. 110
  7. 20
  8. 212
  9. 30
  10. spending
  11. can I pay it back?
  12. 144
  13. a piggy bank for later
  14. 50
  15. saving
  16. 70
  17. buying a second juicer
  18. 425
  19. 850
  20. 16
  21. for bad days and goals
  22. better paint for cards
  23. 70
  24. 90
  25. reinvesting
  26. 416
  27. 850
  28. reinvesting
  29. a cinema ticket
  30. 75
  31. a new video game
  32. 480
  33. 700
  34. 54
  35. 100
  36. reinvesting
  37. 254
  38. 120
  39. 8
  40. 220

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