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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 802 · 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.Kabir’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  3. 3.Rohan’s stall made a profit of ₹800. Rohan saves 10% of it. How many rupees are saved?
  4. 4.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) an emergency fund
  5. 5.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  6. 6.Saanvi’s stall made a profit of ₹500. Saanvi saves 20% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  10. 10.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.👪 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
  13. 13.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  19. 19.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  20. 20.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
  22. 22.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  23. 23.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  25. 25.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Dev’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  29. 29.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Aarav’s stall made a profit of ₹1000. Aarav saves 20% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) a cinema ticket
  32. 32.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  34. 34.Aarav’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Meera’s stall made a profit of ₹1000. Meera saves 20% of it. How many rupees are saved?
  38. 38.Rohan’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 reinvested?
  39. 39.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) a new video game
  40. 40.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) an emergency fund

Answer key

  1. 700
  2. reinvesting
  3. 80
  4. a new video game
  5. can I pay it back?
  6. 100
  7. reinvesting
  8. 160
  9. better paint for cards
  10. 954
  11. 144
  12. talk to parents
  13. 127
  14. 206
  15. 232
  16. 100
  17. profit put in a bank
  18. to keep trust
  19. the cost of borrowing
  20. 798
  21. 425
  22. sweets for yourself
  23. 936
  24. spending
  25. 826
  26. 420
  27. saving
  28. saving
  29. 10
  30. 200
  31. buying a second juicer
  32. 27
  33. spending
  34. 160
  35. 1080
  36. 580
  37. 200
  38. 250
  39. a piggy bank for later
  40. an emergency fund

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