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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 40 · 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 ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Dev’s stall made a profit of ₹2000. Dev saves 10% of it. How many rupees are saved?
  3. 3.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  6. 6.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  7. 7.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Tara’s stall made a profit of ₹200. Tara saves 20% of it. How many rupees are saved?
  9. 9.Arjun’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  12. 12.Vihaan’s stall made a profit of ₹1000. Vihaan saves 25% of it. How many rupees are saved?
  13. 13.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  14. 14.Joseph’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Riya’s stall made a profit of ₹800. Riya saves 25% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  17. 17.Aarav’s stall made a profit of ₹1900. Aarav saves 50% of it. How many rupees are saved?
  18. 18.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  19. 19.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  21. 21.Saanvi’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  23. 23.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Lakshmi’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  26. 26.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  27. 27.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Arjun’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  30. 30.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  31. 31.Joseph’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  33. 33.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 50% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all 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.Ishaan’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?
  38. 38.Kabir’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 80
  2. 200
  3. 350
  4. spending
  5. for bad days and goals
  6. profit put in a bank
  7. 120
  8. 40
  9. 400
  10. 636
  11. reinvesting
  12. 250
  13. putting profit back in
  14. 330
  15. 200
  16. saving
  17. 950
  18. an emergency fund
  19. 15
  20. reinvesting
  21. 60
  22. more seeds for next time
  23. 42
  24. 300
  25. the cost of borrowing
  26. to keep trust
  27. 9
  28. 200
  29. talk to parents
  30. 120
  31. 600
  32. spending
  33. 950
  34. 300
  35. 104
  36. 424
  37. 700
  38. 450
  39. 109
  40. 12

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