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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 136 · 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.Gurpreet’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) an emergency fund (d) a piggy bank for later
  3. 3.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) buying a second juicer (d) a new video game
  4. 4.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  7. 7.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Diya’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  12. 12.Aarav’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  14. 14.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  17. 17.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  18. 18.Meera’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  20. 20.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  21. 21.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  22. 22.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 10% of it. How many rupees are saved?
  23. 23.Gurpreet’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Kabir’s stall made a profit of ₹400. Kabir saves 50% of it. How many rupees are saved?
  25. 25.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  27. 27.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  28. 28.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  30. 30.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Ishaan’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Lakshmi’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  37. 37.Meera’s stall made a profit of ₹700. Meera saves 25% of it. How many rupees are saved?
  38. 38.Kabir’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 280
  2. a cinema ticket
  3. a new video game
  4. 12
  5. 708
  6. reinvesting
  7. 954
  8. 90
  9. 816
  10. 896
  11. spending
  12. 325
  13. reinvesting
  14. 45
  15. 36
  16. 100
  17. an emergency fund
  18. 950
  19. talk to parents
  20. can I pay it back?
  21. a piggy bank for later
  22. 200
  23. 320
  24. 200
  25. buying a second juicer
  26. saving
  27. to keep trust
  28. 436
  29. profit put in a bank
  30. 1080
  31. 720
  32. 220
  33. 248
  34. 306
  35. 8
  36. the cost of borrowing
  37. 175
  38. 640
  39. spending
  40. 27

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