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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 337 · 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 ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) an emergency fund
  3. 3.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  4. 4.Ananya’s stall made a profit of ₹1100. Ananya saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  8. 8.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  12. 12.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Kavya’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?
  15. 15.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  16. 16.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  19. 19.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  20. 20.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  21. 21.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Joseph’s stall made a profit of ₹1800. Joseph saves 50% of it. How many rupees are saved?
  23. 23.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  25. 25.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  26. 26.Dev’s stall made a profit of ₹400. Dev saves 10% of it. How many rupees are saved?
  27. 27.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) profit put in a bank (d) a new video game
  29. 29.Which of these is saving? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) an emergency fund
  30. 30.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Ananya’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Ananya’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?
  35. 35.Gurpreet’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  38. 38.Ishaan’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Zoya’s stall made a profit of ₹500. Zoya saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 16
  2. a new video game
  3. a piggy bank for later
  4. 220
  5. 456
  6. 150
  7. reinvesting
  8. 216
  9. the cost of borrowing
  10. saving
  11. spending
  12. 60
  13. 64
  14. 350
  15. can I pay it back?
  16. better paint for cards
  17. saving
  18. reinvesting
  19. a cinema ticket
  20. for bad days and goals
  21. 192
  22. 900
  23. 120
  24. spending
  25. sweets for yourself
  26. 40
  27. 150
  28. profit put in a bank
  29. an emergency fund
  30. 1240
  31. 30
  32. 25
  33. 350
  34. 150
  35. 600
  36. 180
  37. spending
  38. 400
  39. 250
  40. 18

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