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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 530 · 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 ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Rohan’s stall made a profit of ₹700. Rohan saves 20% of it. How many rupees are saved?
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  4. 4.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  8. 8.Vihaan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Vihaan’s stall made a profit of ₹300. Vihaan saves 50% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  11. 11.Lakshmi’s stall made a profit of ₹1500. Lakshmi saves 20% of it. How many rupees are saved?
  12. 12.Dev’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Joseph’s stall made a profit of ₹700. Joseph saves 50% of it. How many rupees are saved?
  14. 14.Joseph’s stall made a profit of ₹500. Joseph saves 25% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  16. 16.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Which of these is saving? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  18. 18.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 ₹)?
  19. 19.Arjun’s stall made a profit of ₹500. Arjun saves 50% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) more seeds for next time
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) better paint for cards
  23. 23.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Gurpreet’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  26. 26.Gurpreet’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Vihaan’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.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 ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  30. 30.Meera’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  33. 33.Nisha’s stall made a profit of ₹1000. Nisha saves 20% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  35. 35.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a cinema ticket (d) a new video game
  37. 37.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 189
  2. 140
  3. talk to parents
  4. 2
  5. spending
  6. 30
  7. spending
  8. 350
  9. 150
  10. reinvesting
  11. 300
  12. 850
  13. 350
  14. 125
  15. sweets for yourself
  16. 472
  17. a piggy bank for later
  18. 535
  19. 250
  20. 20
  21. an emergency fund
  22. better paint for cards
  23. 60
  24. 780
  25. can I pay it back?
  26. 605
  27. 360
  28. 630
  29. spending
  30. 1050
  31. 32
  32. saving
  33. 200
  34. reinvesting
  35. 24
  36. more seeds for next time
  37. 12
  38. 648
  39. 210
  40. 54

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