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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 554 · 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.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 50% of it. How many rupees are saved?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  3. 3.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) profit put in a bank
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  6. 6.Dev’s stall made a profit of ₹500. Dev saves 10% of it. How many rupees are saved?
  7. 7.Riya’s stall made a profit of ₹1700. Riya saves 25% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  9. 9.Arjun’s stall made a profit of ₹1500. Arjun saves 25% of it. How many rupees are saved?
  10. 10.Aarav’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Nisha’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Riya’s stall made a profit of ₹200. Riya saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Vihaan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  18. 18.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  20. 20.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  21. 21.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  23. 23.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  24. 24.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Tara’s stall made a profit of ₹1700. Tara saves 10% of it. How many rupees are saved?
  28. 28.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  29. 29.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  30. 30.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  34. 34.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) sweets for yourself
  35. 35.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) sweets for yourself
  36. 36.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
  37. 37.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  38. 38.Vihaan’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Aarav’s stall made a profit of ₹1100. Aarav saves 50% of it. How many rupees are saved?

Answer key

  1. 200
  2. talk to parents
  3. an emergency fund
  4. buying a second juicer
  5. reinvesting
  6. 50
  7. 425
  8. saving
  9. 375
  10. 560
  11. 200
  12. 20
  13. 35
  14. 110
  15. 672
  16. 80
  17. spending
  18. 10
  19. a new video game
  20. a piggy bank for later
  21. 48
  22. sweets for yourself
  23. the cost of borrowing
  24. to keep trust
  25. spending
  26. 24
  27. 170
  28. can I pay it back?
  29. a cinema ticket
  30. 128
  31. 30
  32. saving
  33. spending
  34. profit put in a bank
  35. better paint for cards
  36. 100
  37. 175
  38. 400
  39. 114
  40. 550

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