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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 300 · 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 ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Vihaan’s stall made a profit of ₹1200. Vihaan saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  5. 5.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) a piggy bank for later (d) sweets for yourself
  6. 6.Farhan’s stall made a profit of ₹1700. Farhan saves 25% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) a new video game (d) profit put in a bank
  8. 8.Diya’s stall made a profit of ₹600. Diya saves 10% of it. How many rupees are saved?
  9. 9.Aarav’s stall made a profit of ₹1500. Aarav saves 50% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  12. 12.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  14. 14.Riya’s stall made a profit of ₹1100. Riya saves 10% of it. How many rupees are saved?
  15. 15.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) a cinema ticket (d) buying a second juicer
  16. 16.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  18. 18.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  19. 19.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Ananya’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Tara’s stall made a profit of ₹700. 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 spending on yourself? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) profit put in a bank
  23. 23.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  25. 25.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  30. 30.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  33. 33.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
  34. 34.Diya’s stall made a profit of ₹1100. Diya saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.Joseph’s stall made a profit of ₹1000. Joseph saves 20% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  39. 39.Rohan’s stall made a profit of ₹1200. Rohan saves 20% of it. How many rupees are saved?
  40. 40.Aarav’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 936
  2. 48
  3. 600
  4. saving
  5. more seeds for next time
  6. 425
  7. profit put in a bank
  8. 60
  9. 750
  10. 103
  11. a cinema ticket
  12. the cost of borrowing
  13. saving
  14. 110
  15. buying a second juicer
  16. 60
  17. putting profit back in
  18. a piggy bank for later
  19. 416
  20. 225
  21. 385
  22. a new video game
  23. 327
  24. spending
  25. 80
  26. 812
  27. 120
  28. 60
  29. saving
  30. 496
  31. 550
  32. spending
  33. 150
  34. 220
  35. 327
  36. 944
  37. 200
  38. reinvesting
  39. 240
  40. 150

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