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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 283 · 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.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Joseph’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Saanvi’s stall made a profit of ₹800. Saanvi saves 20% of it. How many rupees are saved?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  6. 6.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 50% of it. How many rupees are saved?
  7. 7.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  8. 8.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  9. 9.Kavya’s stall made a profit of ₹1100. 20% is saved, 20% 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) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  11. 11.Ananya’s stall made a profit of ₹1600. Ananya saves 25% of it. How many rupees are saved?
  12. 12.Riya’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Joseph’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Zoya’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Zoya’s stall made a profit of ₹1300. Zoya saves 50% of it. How many rupees are saved?
  17. 17.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 ₹)?
  18. 18.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  23. 23.Dev’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Saanvi’s stall made a profit of ₹2000. Saanvi saves 20% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  26. 26.Arjun’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  28. 28.Ishaan’s stall made a profit of ₹400. Ishaan saves 25% of it. How many rupees are saved?
  29. 29.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  30. 30.Kavya’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Diya’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?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  33. 33.Meera’s stall made a profit of ₹1700. Meera saves 10% of it. How many rupees are saved?
  34. 34.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) sweets for yourself
  35. 35.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 ₹)?
  36. 36.Arjun’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 reinvested?
  37. 37.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) better paint for cards
  38. 38.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  40. 40.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 80
  2. 60
  3. 160
  4. talk to parents
  5. spending
  6. 450
  7. the cost of borrowing
  8. an emergency fund
  9. 220
  10. a new video game
  11. 400
  12. 300
  13. 100
  14. 480
  15. 620
  16. 650
  17. 306
  18. 636
  19. reinvesting
  20. 16
  21. can I pay it back?
  22. more seeds for next time
  23. 350
  24. 400
  25. profit put in a bank
  26. 1100
  27. 60
  28. 100
  29. a piggy bank for later
  30. 330
  31. 600
  32. reinvesting
  33. 170
  34. sweets for yourself
  35. 981
  36. 120
  37. better paint for cards
  38. 5
  39. saving
  40. 24

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