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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 23 · 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.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  3. 3.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?
  4. 4.Nisha’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Riya’s stall made a profit of ₹800. Riya saves 20% of it. How many rupees are saved?
  6. 6.Farhan’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  9. 9.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  10. 10.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  11. 11.Kavya’s stall made a profit of ₹1300. Kavya saves 10% of it. How many rupees are saved?
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  13. 13.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Tara’s stall made a profit of ₹1900. Tara saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  18. 18.Riya’s stall made a profit of ₹200. Riya saves 25% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Arjun’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  24. 24.Gurpreet’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Nisha’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Tara’s stall made a profit of ₹400. Tara saves 20% of it. How many rupees are saved?
  28. 28.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 50% of it. How many rupees are saved?
  29. 29.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a new video game
  30. 30.Zoya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) an emergency fund
  32. 32.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  33. 33.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹600. Kabir saves 10% of it. How many rupees are saved?
  35. 35.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  36. 36.Nisha’s stall made a profit of ₹1000. Nisha saves 20% of it. How many rupees are saved?
  37. 37.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving

Answer key

  1. 9
  2. saving
  3. 350
  4. 570
  5. 160
  6. 935
  7. 109
  8. saving
  9. buying a second juicer
  10. can I pay it back?
  11. 130
  12. talk to parents
  13. 49
  14. 380
  15. 424
  16. 120
  17. to keep trust
  18. 50
  19. 918
  20. 1000
  21. spending
  22. 336
  23. 100
  24. 210
  25. 320
  26. 520
  27. 80
  28. 600
  29. profit put in a bank
  30. 360
  31. a new video game
  32. putting profit back in
  33. 50
  34. 60
  35. for bad days and goals
  36. 200
  37. 360
  38. 100
  39. 910
  40. saving

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