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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 481 · 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 ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  4. 4.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) a new video game (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  7. 7.Ishaan’s stall made a profit of ₹400. Ishaan saves 20% of it. How many rupees are saved?
  8. 8.Meera’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Meera’s stall made a profit of ₹1900. Meera saves 10% of it. How many rupees are saved?
  10. 10.Rohan’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Kavya’s stall made a profit of ₹600. Kavya saves 50% of it. How many rupees are saved?
  12. 12.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  14. 14.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Tara’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Aarav’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  19. 19.Joseph’s stall made a profit of ₹1300. Joseph saves 10% of it. How many rupees are saved?
  20. 20.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  22. 22.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  25. 25.Farhan’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Vihaan’s stall made a profit of ₹1400. Vihaan saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Nisha’s stall made a profit of ₹700. Nisha saves 10% of it. How many rupees are saved?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  30. 30.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  32. 32.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  33. 33.Saanvi’s stall made a profit of ₹1400. Saanvi saves 20% of it. How many rupees are saved?
  34. 34.Dev’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?
  36. 36.Aarav’s stall made a profit of ₹1400. Aarav saves 20% of it. How many rupees are saved?
  37. 37.Ishaan’s stall made a profit of ₹1000. Ishaan saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  40. 40.Kabir’s stall made a profit of ₹1400. Kabir saves 25% of it. How many rupees are saved?

Answer key

  1. 336
  2. 440
  3. 180
  4. better paint for cards
  5. saving
  6. reinvesting
  7. 80
  8. 840
  9. 190
  10. 300
  11. 300
  12. for bad days and goals
  13. spending
  14. 63
  15. 540
  16. 1000
  17. reinvesting
  18. spending
  19. 130
  20. buying a second juicer
  21. reinvesting
  22. 28
  23. 4
  24. saving
  25. 1045
  26. 350
  27. 1089
  28. 70
  29. talk to parents
  30. 630
  31. can I pay it back?
  32. putting profit back in
  33. 280
  34. 125
  35. 40
  36. 280
  37. 200
  38. 650
  39. the cost of borrowing
  40. 350

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