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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 388 · 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.Dev’s stall made a profit of ₹700. Dev saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  5. 5.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Nisha’s stall made a profit of ₹400. Nisha saves 50% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  10. 10.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  11. 11.Aarav’s stall made a profit of ₹1200. Aarav saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Kabir’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  15. 15.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) better paint for cards (d) sweets for yourself
  16. 16.Aarav’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Kavya’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  19. 19.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  20. 20.🐷 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
  21. 21.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  24. 24.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  26. 26.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Rohan’s stall made a profit of ₹1200. Rohan saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  35. 35.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  37. 37.Tara’s stall made a profit of ₹300. Tara saves 25% of it. How many rupees are saved?
  38. 38.Nisha’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers

Answer key

  1. 70
  2. 180
  3. reinvesting
  4. spending
  5. 654
  6. 200
  7. saving
  8. 372
  9. to keep trust
  10. 120
  11. 120
  12. 144
  13. 200
  14. an emergency fund
  15. better paint for cards
  16. 420
  17. 640
  18. a cinema ticket
  19. can I pay it back?
  20. for bad days and goals
  21. 81
  22. 456
  23. saving
  24. the cost of borrowing
  25. more seeds for next time
  26. 110
  27. reinvesting
  28. 105
  29. 832
  30. 726
  31. 520
  32. 300
  33. 8
  34. saving
  35. sweets for yourself
  36. reinvesting
  37. 75
  38. 450
  39. 214
  40. talk to parents

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