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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 794 · 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.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) a new video game
  2. 2.Kabir’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  5. 5.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  7. 7.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 ₹)?
  8. 8.Kavya’s stall made a profit of ₹800. Kavya saves 20% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Rohan’s stall made a profit of ₹600. Rohan saves 25% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  12. 12.Tara’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Aarav’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Arjun’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a new video game
  16. 16.Aarav’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  21. 21.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
  24. 24.Tara’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 reinvested?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  26. 26.Kavya’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Ishaan’s stall made a profit of ₹600. Ishaan saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Dev’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  32. 32.Lakshmi’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Which of these is saving? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹400 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 ₹900. Aarav saves 50% of it. How many rupees are saved?

Answer key

  1. an emergency fund
  2. 850
  3. for bad days and goals
  4. talk to parents
  5. 18
  6. reinvesting
  7. 472
  8. 160
  9. 472
  10. 150
  11. a piggy bank for later
  12. 570
  13. 400
  14. 180
  15. a new video game
  16. 140
  17. saving
  18. 540
  19. 162
  20. the cost of borrowing
  21. 48
  22. 16
  23. 275
  24. 680
  25. saving
  26. 270
  27. 50
  28. 120
  29. 4
  30. 90
  31. spending
  32. 360
  33. 910
  34. 309
  35. profit put in a bank
  36. saving
  37. 530
  38. 147
  39. 456
  40. 450

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