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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 118 · 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.Meera’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) better paint for cards (d) a new video game
  5. 5.Joseph’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  7. 7.Meera’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?
  8. 8.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  12. 12.Which of these is saving? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) buying a second juicer
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  14. 14.Joseph’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?
  15. 15.Vihaan’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) better paint for cards (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  21. 21.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  22. 22.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Joseph’s stall made a profit of ₹200. Joseph saves 25% of it. How many rupees are saved?
  24. 24.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) buying a second juicer
  25. 25.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) a cinema ticket
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  27. 27.Ishaan’s stall made a profit of ₹200. Ishaan saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  31. 31.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Farhan’s stall made a profit of ₹1400. Farhan saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Saanvi’s stall made a profit of ₹200. Saanvi saves 20% of it. How many rupees are saved?
  36. 36.Vihaan’s stall made a profit of ₹2000. Vihaan saves 50% of it. How many rupees are saved?
  37. 37.Dev’s stall made a profit of ₹1700. Dev saves 25% of it. How many rupees are saved?
  38. 38.Tara’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?
  39. 39.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Saanvi’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 340
  2. 216
  3. 56
  4. a new video game
  5. 765
  6. a cinema ticket
  7. 1330
  8. 24
  9. 35
  10. saving
  11. saving
  12. profit put in a bank
  13. talk to parents
  14. 300
  15. 450
  16. a piggy bank for later
  17. reinvesting
  18. saving
  19. 436
  20. reinvesting
  21. to keep trust
  22. 12
  23. 50
  24. sweets for yourself
  25. an emergency fund
  26. spending
  27. 50
  28. 112
  29. 981
  30. better paint for cards
  31. 354
  32. 140
  33. spending
  34. 416
  35. 40
  36. 1000
  37. 425
  38. 120
  39. 448
  40. 300

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