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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 267 · 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  2. 2.Diya’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  4. 4.Meera’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  6. 6.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  8. 8.Arjun’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  10. 10.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  11. 11.Diya’s stall made a profit of ₹400. Diya saves 20% of it. How many rupees are saved?
  12. 12.Diya’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) profit put in a bank
  15. 15.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  16. 16.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 25% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) better paint for cards
  19. 19.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  20. 20.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  23. 23.A small family shop borrows ₹200 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: better paint for cards? (a) reinvesting (b) spending (c) saving
  25. 25.Vihaan’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Lakshmi’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  28. 28.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  31. 31.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 10% of it. How many rupees are saved?
  33. 33.Saanvi’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Ishaan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) a new video game
  36. 36.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  37. 37.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Aarav’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Rohan’s stall made a profit of ₹1300. Rohan saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. saving
  2. 150
  3. 170
  4. 520
  5. an emergency fund
  6. 696
  7. spending
  8. 120
  9. putting profit back in
  10. sweets for yourself
  11. 80
  12. 480
  13. 1160
  14. profit put in a bank
  15. can I pay it back?
  16. 150
  17. 16
  18. a new video game
  19. a piggy bank for later
  20. 72
  21. 354
  22. spending
  23. 236
  24. reinvesting
  25. 900
  26. 360
  27. to keep trust
  28. 1040
  29. the cost of borrowing
  30. reinvesting
  31. 945
  32. 90
  33. 180
  34. 350
  35. more seeds for next time
  36. a cinema ticket
  37. 84
  38. 560
  39. 650
  40. 14

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