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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 948 · 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.Ishaan’s stall made a profit of ₹1400. Ishaan saves 25% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) profit put in a bank
  4. 4.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) more seeds for next time
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  6. 6.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) an emergency fund
  8. 8.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  10. 10.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Diya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Saanvi’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Tara’s stall made a profit of ₹1000. Tara saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Tara’s stall made a profit of ₹400. Tara saves 10% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  21. 21.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  25. 25.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  26. 26.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  28. 28.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  30. 30.Kabir’s stall made a profit of ₹1200. Kabir saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Diya’s stall made a profit of ₹500. Diya saves 25% of it. How many rupees are saved?
  33. 33.Gurpreet’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  35. 35.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  36. 36.Nisha’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Farhan’s stall made a profit of ₹1000. Farhan saves 20% of it. How many rupees are saved?

Answer key

  1. 350
  2. 10
  3. profit put in a bank
  4. a new video game
  5. reinvesting
  6. 12
  7. better paint for cards
  8. 96
  9. an emergency fund
  10. 14
  11. 120
  12. 220
  13. 770
  14. 100
  15. 4
  16. 21
  17. 648
  18. 2
  19. 40
  20. spending
  21. for bad days and goals
  22. saving
  23. 708
  24. saving
  25. putting profit back in
  26. 180
  27. talk to parents
  28. 98
  29. saving
  30. 600
  31. 70
  32. 125
  33. 525
  34. the cost of borrowing
  35. a cinema ticket
  36. 400
  37. 345
  38. 1090
  39. 60
  40. 200

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