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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 474 · 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.Aarav’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.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 ₹)?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  4. 4.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) more seeds for next time
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  6. 6.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) a new video game
  8. 8.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  9. 9.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) profit put in a bank (d) more seeds for next time
  10. 10.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  11. 11.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  16. 16.Tara’s stall made a profit of ₹2000. Tara saves 25% of it. How many rupees are saved?
  17. 17.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a new video game (d) more seeds for next time
  18. 18.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  21. 21.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  22. 22.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Diya’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Dev’s stall made a profit of ₹1600. Dev saves 20% of it. How many rupees are saved?
  25. 25.Farhan’s stall made a profit of ₹1200. Farhan saves 50% of it. How many rupees are saved?
  26. 26.Farhan’s stall made a profit of ₹1400. Farhan saves 10% of it. How many rupees are saved?
  27. 27.Ishaan’s stall made a profit of ₹200. Ishaan saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?
  30. 30.Riya’s stall made a profit of ₹1500. Riya saves 20% of it. How many rupees are saved?
  31. 31.Riya’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?
  32. 32.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Joseph’s stall made a profit of ₹1000. Joseph saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  37. 37.Kavya’s stall made a profit of ₹1600. Kavya saves 25% of it. How many rupees are saved?
  38. 38.Dev’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  40. 40.Ananya’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 495
  2. 110
  3. spending
  4. an emergency fund
  5. saving
  6. for bad days and goals
  7. better paint for cards
  8. a cinema ticket
  9. sweets for yourself
  10. the cost of borrowing
  11. 112
  12. 1030
  13. 60
  14. reinvesting
  15. to keep trust
  16. 500
  17. a new video game
  18. can I pay it back?
  19. spending
  20. talk to parents
  21. a piggy bank for later
  22. 224
  23. 240
  24. 320
  25. 600
  26. 140
  27. 50
  28. 535
  29. 350
  30. 300
  31. 330
  32. 16
  33. 945
  34. 200
  35. 216
  36. saving
  37. 400
  38. 850
  39. 400
  40. 140

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