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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 293 · 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.Aarav’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) better paint for cards (d) more seeds for next time
  4. 4.Ishaan’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Saanvi’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  9. 9.Kavya’s stall made a profit of ₹1400. Kavya saves 20% of it. How many rupees are saved?
  10. 10.Riya’s stall made a profit of ₹300. Riya saves 20% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  13. 13.Farhan’s stall made a profit of ₹1100. Farhan saves 50% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  16. 16.Riya’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  18. 18.Which of these is saving? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  24. 24.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  25. 25.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Kabir’s stall made a profit of ₹1500. Kabir saves 20% of it. How many rupees are saved?
  27. 27.Kabir’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Meera’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Diya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Meera’s stall made a profit of ₹600. Meera saves 25% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  34. 34.Vihaan’s stall made a profit of ₹300. Vihaan saves 25% of it. How many rupees are saved?
  35. 35.Saanvi’s stall made a profit of ₹200. Saanvi saves 50% of it. How many rupees are saved?
  36. 36.Tara’s stall made a profit of ₹800. Tara saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  38. 38.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  39. 39.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving

Answer key

  1. 750
  2. 714
  3. a new video game
  4. 360
  5. 280
  6. 42
  7. 48
  8. the cost of borrowing
  9. 280
  10. 60
  11. 840
  12. more seeds for next time
  13. 550
  14. an emergency fund
  15. saving
  16. 900
  17. a cinema ticket
  18. profit put in a bank
  19. reinvesting
  20. 420
  21. 56
  22. 70
  23. for bad days and goals
  24. can I pay it back?
  25. 27
  26. 300
  27. 700
  28. 540
  29. 315
  30. 24
  31. 70
  32. 150
  33. better paint for cards
  34. 75
  35. 100
  36. 80
  37. spending
  38. to keep trust
  39. 872
  40. reinvesting

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