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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 349 · 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.Vihaan’s stall made a profit of ₹1300. Vihaan saves 50% of it. How many rupees are saved?
  2. 2.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  3. 3.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  5. 5.Rohan’s stall made a profit of ₹1300. Rohan saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  7. 7.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  10. 10.Gurpreet’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?
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  12. 12.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  14. 14.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  15. 15.Nisha’s stall made a profit of ₹700. Nisha saves 25% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  17. 17.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) sweets for yourself
  21. 21.Riya’s stall made a profit of ₹1200. Riya saves 25% of it. How many rupees are saved?
  22. 22.Tara’s stall made a profit of ₹700. Tara saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Aarav’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Meera’s stall made a profit of ₹1700. Meera saves 25% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) a new video game
  27. 27.Vihaan’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Lakshmi’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Vihaan’s stall made a profit of ₹1800. Vihaan saves 25% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) profit put in a bank
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  34. 34.Arjun’s stall made a profit of ₹1800. Arjun saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Diya’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Aarav’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Vihaan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Kabir’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 reinvested?
  40. 40.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 650
  2. for bad days and goals
  3. 36
  4. sweets for yourself
  5. 325
  6. saving
  7. 1210
  8. reinvesting
  9. reinvesting
  10. 385
  11. spending
  12. 990
  13. an emergency fund
  14. the cost of borrowing
  15. 175
  16. spending
  17. can I pay it back?
  18. 540
  19. saving
  20. more seeds for next time
  21. 300
  22. 140
  23. 54
  24. 160
  25. 425
  26. a new video game
  27. 600
  28. 460
  29. 360
  30. 208
  31. 450
  32. profit put in a bank
  33. spending
  34. 360
  35. 1050
  36. 240
  37. 1140
  38. 100
  39. 400
  40. 121

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