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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 356 · 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.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  4. 4.Farhan’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 spent?
  5. 5.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  7. 7.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  8. 8.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Ishaan’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Vihaan’s stall made a profit of ₹1000. Vihaan saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  18. 18.Vihaan’s stall made a profit of ₹1200. Vihaan saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  22. 22.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
  23. 23.Vihaan’s stall made a profit of ₹300. Vihaan saves 10% of it. How many rupees are saved?
  24. 24.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 25% of it. How many rupees are saved?
  25. 25.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) sweets for yourself
  26. 26.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  28. 28.Which of these is saving? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  29. 29.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  31. 31.Ishaan’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Aarav’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Saanvi’s stall made a profit of ₹2000. Saanvi saves 50% of it. How many rupees are saved?
  34. 34.Aarav’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  37. 37.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  39. 39.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 180
  2. saving
  3. reinvesting
  4. 360
  5. a cinema ticket
  6. the cost of borrowing
  7. better paint for cards
  8. 6
  9. to keep trust
  10. spending
  11. 784
  12. 160
  13. 147
  14. 472
  15. 250
  16. 90
  17. 190
  18. 120
  19. 115
  20. 424
  21. can I pay it back?
  22. an emergency fund
  23. 30
  24. 150
  25. more seeds for next time
  26. 20
  27. talk to parents
  28. a piggy bank for later
  29. sweets for yourself
  30. saving
  31. 200
  32. 180
  33. 1000
  34. 120
  35. spending
  36. saving
  37. 1050
  38. buying a second juicer
  39. 1040
  40. 990

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