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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 552 · 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 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) more seeds for next time
  4. 4.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Nisha’s stall made a profit of ₹1900. Nisha saves 20% of it. How many rupees are saved?
  6. 6.Joseph’s stall made a profit of ₹1500. Joseph saves 25% of it. How many rupees are saved?
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  8. 8.Farhan’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 reinvested?
  9. 9.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a new video game
  11. 11.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) more seeds for next time
  12. 12.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) better paint for cards
  13. 13.Vihaan’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Kavya’s stall made a profit of ₹200. Kavya saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  17. 17.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  20. 20.Kavya’s stall made a profit of ₹700. Kavya saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Ananya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  24. 24.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) better paint for cards (d) more seeds for next time
  25. 25.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Kabir’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  28. 28.Diya’s stall made a profit of ₹2000. Diya saves 25% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  30. 30.Nisha’s stall made a profit of ₹1700. Nisha saves 50% of it. How many rupees are saved?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  32. 32.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  33. 33.Ishaan’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Kavya’s stall made a profit of ₹800. Kavya saves 25% of it. How many rupees are saved?
  35. 35.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  36. 36.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 20% of it. How many rupees are saved?
  37. 37.Lakshmi’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?
  38. 38.Lakshmi’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?
  39. 39.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  40. 40.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) better paint for cards

Answer key

  1. 81
  2. 72
  3. a piggy bank for later
  4. 60
  5. 380
  6. 375
  7. can I pay it back?
  8. 120
  9. 224
  10. profit put in a bank
  11. more seeds for next time
  12. a new video game
  13. 600
  14. 590
  15. 100
  16. reinvesting
  17. 242
  18. 210
  19. saving
  20. 175
  21. 8
  22. 100
  23. putting profit back in
  24. sweets for yourself
  25. 880
  26. 400
  27. a cinema ticket
  28. 500
  29. spending
  30. 850
  31. talk to parents
  32. an emergency fund
  33. 360
  34. 200
  35. the cost of borrowing
  36. 380
  37. 600
  38. 125
  39. reinvesting
  40. better paint for cards

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