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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 828 · 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.Joseph’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
  4. 4.Kavya’s stall made a profit of ₹300. Kavya saves 25% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  10. 10.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.👪 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
  12. 12.Kavya’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Vihaan’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) better paint for cards
  18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  19. 19.Which of these is saving? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) a cinema ticket
  20. 20.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) sweets for yourself
  21. 21.Arjun’s stall made a profit of ₹1300. Arjun saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  24. 24.Zoya’s stall made a profit of ₹1700. Zoya saves 25% of it. How many rupees are saved?
  25. 25.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  27. 27.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  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 2 years (in ₹)?
  29. 29.Rohan’s stall made a profit of ₹400. Rohan saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Ananya’s stall made a profit of ₹600. Ananya saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Tara’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  36. 36.Arjun’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a new video game
  38. 38.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Riya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?

Answer key

  1. 450
  2. 30
  3. buying a second juicer
  4. 75
  5. 120
  6. 24
  7. spending
  8. 10
  9. saving
  10. 1120
  11. talk to parents
  12. 240
  13. 150
  14. 749
  15. 48
  16. 48
  17. a new video game
  18. to keep trust
  19. profit put in a bank
  20. a piggy bank for later
  21. 260
  22. 756
  23. putting profit back in
  24. 425
  25. for bad days and goals
  26. spending
  27. a cinema ticket
  28. 660
  29. 40
  30. 36
  31. 300
  32. 12
  33. 684
  34. 650
  35. the cost of borrowing
  36. 540
  37. an emergency fund
  38. 36
  39. 50
  40. 150

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