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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 902 · 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 1 year (in ₹)?
  2. 2.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Aarav’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  7. 7.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Meera’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  11. 11.Dev’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  13. 13.Lakshmi’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  16. 16.Tara’s stall made a profit of ₹300. Tara saves 50% of it. How many rupees are saved?
  17. 17.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  18. 18.Zoya’s stall made a profit of ₹200. Zoya saves 10% of it. How many rupees are saved?
  19. 19.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) an emergency fund
  20. 20.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  21. 21.Nisha’s stall made a profit of ₹1200. Nisha saves 20% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  23. 23.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
  24. 24.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 50% of it. How many rupees are saved?
  25. 25.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  27. 27.Meera’s stall made a profit of ₹1700. Meera saves 10% of it. How many rupees are saved?
  28. 28.Joseph’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Rohan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  31. 31.Meera’s stall made a profit of ₹1600. Meera saves 25% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  33. 33.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  34. 34.Gurpreet’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Riya’s stall made a profit of ₹1700. Riya saves 20% of it. How many rupees are saved?
  36. 36.Dev’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Riya’s stall made a profit of ₹500. Riya saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Vihaan’s stall made a profit of ₹1600. Vihaan saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 27
  2. 14
  3. 36
  4. 350
  5. 84
  6. saving
  7. 63
  8. 250
  9. 630
  10. spending
  11. 200
  12. better paint for cards
  13. 1140
  14. reinvesting
  15. talk to parents
  16. 150
  17. the cost of borrowing
  18. 20
  19. more seeds for next time
  20. 100
  21. 240
  22. reinvesting
  23. 250
  24. 450
  25. putting profit back in
  26. a cinema ticket
  27. 170
  28. 900
  29. 1020
  30. reinvesting
  31. 400
  32. saving
  33. to keep trust
  34. 440
  35. 340
  36. 280
  37. 50
  38. 118
  39. 320
  40. 20

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