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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 972 · 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.Diya’s stall made a profit of ₹400. Diya saves 20% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  4. 4.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Kavya’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  7. 7.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  9. 9.Joseph’s stall made a profit of ₹1500. Joseph saves 20% of it. How many rupees are saved?
  10. 10.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  11. 11.👪 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
  12. 12.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  14. 14.Joseph’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Kavya’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Arjun’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  18. 18.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) a piggy bank for later
  19. 19.Kavya’s stall made a profit of ₹900. Kavya saves 10% of it. How many rupees are saved?
  20. 20.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  21. 21.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  22. 22.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) more seeds for next time
  24. 24.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  26. 26.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?
  28. 28.Joseph’s stall made a profit of ₹1500. Joseph saves 10% of it. How many rupees are saved?
  29. 29.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  30. 30.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  31. 31.Riya’s stall made a profit of ₹1700. Riya saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) more seeds for next time
  35. 35.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  36. 36.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  37. 37.Dev’s stall made a profit of ₹1900. Dev saves 20% of it. How many rupees are saved?
  38. 38.Meera’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?
  39. 39.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 80
  2. 8
  3. reinvesting
  4. 36
  5. 1330
  6. spending
  7. 240
  8. saving
  9. 300
  10. putting profit back in
  11. talk to parents
  12. 32
  13. reinvesting
  14. 900
  15. 360
  16. 500
  17. spending
  18. sweets for yourself
  19. 90
  20. the cost of borrowing
  21. more seeds for next time
  22. 525
  23. profit put in a bank
  24. 605
  25. saving
  26. 54
  27. 180
  28. 150
  29. for bad days and goals
  30. buying a second juicer
  31. 425
  32. 954
  33. 550
  34. a cinema ticket
  35. reinvesting
  36. can I pay it back?
  37. 380
  38. 525
  39. 972
  40. 72

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