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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 271 · 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: a cinema ticket? (a) saving (b) spending (c) reinvesting
  2. 2.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Lakshmi’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  5. 5.Farhan’s stall made a profit of ₹1400. Farhan saves 25% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Tara’s stall made a profit of ₹200. Tara saves 25% of it. How many rupees are saved?
  8. 8.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 ₹)?
  9. 9.Meera’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  11. 11.Joseph’s stall made a profit of ₹600. Joseph saves 10% of it. How many rupees are saved?
  12. 12.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 ₹)?
  13. 13.Ananya’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 reinvested?
  14. 14.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
  15. 15.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  16. 16.💡 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
  17. 17.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 ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 10% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  20. 20.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Rohan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
  23. 23.Dev’s stall made a profit of ₹300. Dev saves 10% of it. How many rupees are saved?
  24. 24.Meera’s stall made a profit of ₹1300. Meera saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) better paint for cards
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  28. 28.Riya’s stall made a profit of ₹1800. Riya saves 25% of it. How many rupees are saved?
  29. 29.Riya’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Aarav’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Nisha’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Zoya’s stall made a profit of ₹700. Zoya saves 10% of it. How many rupees are saved?
  35. 35.Dev’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?
  36. 36.Rohan’s stall made a profit of ₹800. Rohan saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Lakshmi’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending

Answer key

  1. spending
  2. 5
  3. 120
  4. better paint for cards
  5. 350
  6. 784
  7. 50
  8. 1080
  9. 100
  10. sweets for yourself
  11. 60
  12. 306
  13. 720
  14. buying a second juicer
  15. the cost of borrowing
  16. can I pay it back?
  17. 416
  18. 90
  19. saving
  20. 27
  21. 660
  22. more seeds for next time
  23. 30
  24. 130
  25. spending
  26. a new video game
  27. spending
  28. 450
  29. 40
  30. 400
  31. 10
  32. 40
  33. 420
  34. 70
  35. 350
  36. 160
  37. 126
  38. 420
  39. to keep trust
  40. saving

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