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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 347 · 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.Gurpreet’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 10% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  4. 4.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  5. 5.Nisha’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 reinvested?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  9. 9.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  11. 11.Saanvi’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  13. 13.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Joseph’s stall made a profit of ₹1300. Joseph saves 25% of it. How many rupees are saved?
  15. 15.Arjun’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.💡 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?
  17. 17.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
  18. 18.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  20. 20.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  21. 21.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.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 ₹)?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  24. 24.Diya’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 reinvested?
  25. 25.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Aarav’s stall made a profit of ₹400. Aarav saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  29. 29.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Farhan’s stall made a profit of ₹500. Farhan saves 10% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  36. 36.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Diya’s stall made a profit of ₹800. Diya saves 10% of it. How many rupees are saved?
  38. 38.Meera’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 165
  2. 160
  3. saving
  4. profit put in a bank
  5. 350
  6. talk to parents
  7. saving
  8. spending
  9. the cost of borrowing
  10. reinvesting
  11. 420
  12. an emergency fund
  13. 54
  14. 325
  15. 800
  16. can I pay it back?
  17. a cinema ticket
  18. 54
  19. 50
  20. to keep trust
  21. 63
  22. 324
  23. reinvesting
  24. 400
  25. 24
  26. 36
  27. 40
  28. spending
  29. 1116
  30. 1180
  31. 1060
  32. 872
  33. 70
  34. 50
  35. a new video game
  36. 90
  37. 80
  38. 950
  39. saving
  40. 960

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