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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 524 · 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.Diya’s stall made a profit of ₹800. Diya saves 20% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  3. 3.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 10% of it. How many rupees are saved?
  4. 4.Lakshmi’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  7. 7.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  8. 8.👪 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
  9. 9.Dev’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  11. 11.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  14. 14.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  17. 17.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  19. 19.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  23. 23.Diya’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  25. 25.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  26. 26.Meera’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Ishaan’s stall made a profit of ₹1700. Ishaan saves 50% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) a cinema ticket
  29. 29.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Vihaan’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?
  31. 31.Kabir’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?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  33. 33.Ananya’s stall made a profit of ₹500. Ananya saves 20% of it. How many rupees are saved?
  34. 34.Kabir’s stall made a profit of ₹500. Kabir saves 25% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  36. 36.Saanvi’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 160
  2. a cinema ticket
  3. 90
  4. 210
  5. 40
  6. saving
  7. putting profit back in
  8. talk to parents
  9. 275
  10. spending
  11. can I pay it back?
  12. buying a second juicer
  13. spending
  14. 728
  15. 20
  16. spending
  17. 126
  18. for bad days and goals
  19. 70
  20. 408
  21. 90
  22. the cost of borrowing
  23. 700
  24. better paint for cards
  25. a new video game
  26. 320
  27. 850
  28. an emergency fund
  29. 63
  30. 600
  31. 60
  32. saving
  33. 100
  34. 125
  35. profit put in a bank
  36. 320
  37. 107
  38. 880
  39. 20
  40. 105

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