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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 386 · 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.Joseph’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Diya’s stall made a profit of ₹1500. Diya saves 20% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
  4. 4.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?
  5. 5.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  6. 6.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Vihaan’s stall made a profit of ₹1100. Vihaan saves 10% of it. How many rupees are saved?
  9. 9.Ishaan’s stall made a profit of ₹900. Ishaan saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Diya’s stall made a profit of ₹600. Diya saves 10% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  15. 15.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  17. 17.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  18. 18.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  19. 19.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  20. 20.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Meera’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.👪 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
  24. 24.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) more seeds for next time
  25. 25.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  27. 27.Kabir’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Zoya’s stall made a profit of ₹1700. Zoya saves 25% of it. How many rupees are saved?
  29. 29.Rohan’s stall made a profit of ₹900. Rohan saves 10% of it. How many rupees are saved?
  30. 30.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  31. 31.Kavya’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) a new video game
  33. 33.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  34. 34.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Saanvi’s stall made a profit of ₹500. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals

Answer key

  1. 400
  2. 300
  3. buying a second juicer
  4. 350
  5. sweets for yourself
  6. 848
  7. 206
  8. 110
  9. 225
  10. 40
  11. 60
  12. spending
  13. saving
  14. spending
  15. 42
  16. a piggy bank for later
  17. profit put in a bank
  18. a cinema ticket
  19. the cost of borrowing
  20. 1070
  21. 348
  22. 300
  23. talk to parents
  24. a new video game
  25. 36
  26. reinvesting
  27. 280
  28. 425
  29. 90
  30. to keep trust
  31. 160
  32. an emergency fund
  33. can I pay it back?
  34. 24
  35. 8
  36. 424
  37. 520
  38. 125
  39. 216
  40. for bad days and goals

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