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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 106 · 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.Aarav’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Diya’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) a new video game
  4. 4.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) a piggy bank for later (d) sweets for yourself
  6. 6.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  8. 8.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  10. 10.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 20% of it. How many rupees are saved?
  11. 11.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  12. 12.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  17. 17.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  20. 20.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) sweets for yourself
  22. 22.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Kavya’s stall made a profit of ₹1800. Kavya saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Arjun’s stall made a profit of ₹500. Arjun saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.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 ₹)?
  29. 29.Farhan’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  31. 31.Zoya’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Joseph’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 spent?
  33. 33.Farhan’s stall made a profit of ₹600. Farhan saves 20% of it. How many rupees are saved?
  34. 34.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  35. 35.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 25% of it. How many rupees are saved?
  36. 36.Ananya’s stall made a profit of ₹1000. Ananya saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  39. 39.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Lakshmi’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 200
  2. 910
  3. a piggy bank for later
  4. 24
  5. better paint for cards
  6. for bad days and goals
  7. spending
  8. 324
  9. sweets for yourself
  10. 240
  11. the cost of borrowing
  12. 36
  13. 1035
  14. 390
  15. talk to parents
  16. spending
  17. 105
  18. putting profit back in
  19. a new video game
  20. profit put in a bank
  21. buying a second juicer
  22. 90
  23. 180
  24. 30
  25. 312
  26. 100
  27. 1200
  28. 206
  29. 160
  30. saving
  31. 450
  32. 520
  33. 120
  34. 75
  35. 125
  36. 100
  37. 1116
  38. reinvesting
  39. 714
  40. 300

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