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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 277 · 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.Joseph’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) a cinema ticket
  4. 4.Diya’s stall made a profit of ₹1800. Diya saves 20% of it. How many rupees are saved?
  5. 5.Ananya’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  8. 8.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  9. 9.Rohan’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  11. 11.Kabir’s stall made a profit of ₹1300. Kabir saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  14. 14.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  15. 15.Kabir’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Farhan’s stall made a profit of ₹1100. Farhan saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  20. 20.Joseph’s stall made a profit of ₹900. Joseph saves 50% of it. How many rupees are saved?
  21. 21.Arjun’s stall made a profit of ₹1500. Arjun saves 10% of it. How many rupees are saved?
  22. 22.Ananya’s stall made a profit of ₹400. Ananya saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Zoya’s stall made a profit of ₹1200. Zoya saves 50% of it. How many rupees are saved?
  25. 25.Riya’s stall made a profit of ₹1600. Riya saves 20% of it. How many rupees are saved?
  26. 26.Rohan’s stall made a profit of ₹2000. Rohan saves 25% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) sweets for yourself (d) a new video game
  28. 28.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  29. 29.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  30. 30.Ananya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Meera’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Tara’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.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 ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.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 ₹)?
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  39. 39.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 750
  2. spending
  3. a piggy bank for later
  4. 360
  5. 1020
  6. reinvesting
  7. sweets for yourself
  8. buying a second juicer
  9. 360
  10. 120
  11. 130
  12. 1060
  13. putting profit back in
  14. an emergency fund
  15. 160
  16. 550
  17. 10
  18. 972
  19. to keep trust
  20. 450
  21. 150
  22. 40
  23. 100
  24. 600
  25. 320
  26. 500
  27. profit put in a bank
  28. for bad days and goals
  29. can I pay it back?
  30. 570
  31. 40
  32. 600
  33. 450
  34. 109
  35. 816
  36. 32
  37. 306
  38. saving
  39. 20
  40. 540

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