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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 289 · 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.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  2. 2.Ishaan’s stall made a profit of ₹1900. Ishaan saves 10% of it. How many rupees are saved?
  3. 3.Ishaan’s stall made a profit of ₹1400. Ishaan saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Ananya’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 reinvested?
  6. 6.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  8. 8.Rohan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Diya’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  12. 12.Dev’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Zoya’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 reinvested?
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  16. 16.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  17. 17.Kavya’s stall made a profit of ₹1800. Kavya saves 20% of it. How many rupees are saved?
  18. 18.Lakshmi’s stall made a profit of ₹1000. Lakshmi saves 10% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  24. 24.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  25. 25.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  26. 26.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) sweets for yourself
  27. 27.Arjun’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) profit put in a bank
  30. 30.Zoya’s stall made a profit of ₹800. Zoya saves 25% of it. How many rupees are saved?
  31. 31.Ananya’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) a cinema ticket
  33. 33.Kavya’s stall made a profit of ₹1500. Kavya saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  38. 38.Arjun’s stall made a profit of ₹1700. Arjun saves 10% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. a new video game
  2. 190
  3. 350
  4. 324
  5. 60
  6. 40
  7. reinvesting
  8. 1200
  9. 90
  10. 595
  11. spending
  12. 405
  13. 60
  14. 120
  15. to keep trust
  16. can I pay it back?
  17. 360
  18. 100
  19. 8
  20. 324
  21. 102
  22. 824
  23. saving
  24. a cinema ticket
  25. profit put in a bank
  26. a piggy bank for later
  27. 935
  28. 63
  29. better paint for cards
  30. 200
  31. 275
  32. buying a second juicer
  33. 750
  34. 90
  35. saving
  36. spending
  37. reinvesting
  38. 170
  39. reinvesting
  40. 1020

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