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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 379 · 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.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
  2. 2.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  3. 3.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  4. 4.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Diya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Kabir’s stall made a profit of ₹1700. Kabir saves 20% of it. How many rupees are saved?
  7. 7.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
  8. 8.Saanvi’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Meera’s stall made a profit of ₹1100. Meera saves 20% of it. How many rupees are saved?
  10. 10.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) better paint for cards (d) an emergency fund
  11. 11.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) more seeds for next time
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  15. 15.Tara’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  19. 19.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
  20. 20.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  22. 22.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  24. 24.Ananya’s stall made a profit of ₹1000. Ananya saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Zoya’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Kabir’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 reinvested?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  34. 34.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  36. 36.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  40. 40.Joseph’s stall made a profit of ₹1100. Joseph saves 10% of it. How many rupees are saved?

Answer key

  1. 425
  2. can I pay it back?
  3. for bad days and goals
  4. 416
  5. 360
  6. 340
  7. 300
  8. 80
  9. 220
  10. a cinema ticket
  11. a piggy bank for later
  12. saving
  13. 80
  14. spending
  15. 250
  16. 216
  17. 208
  18. buying a second juicer
  19. a new video game
  20. 9
  21. an emergency fund
  22. 945
  23. spending
  24. 100
  25. 84
  26. 280
  27. 981
  28. 1080
  29. 372
  30. 1000
  31. saving
  32. 3
  33. to keep trust
  34. 90
  35. spending
  36. 1200
  37. 612
  38. 70
  39. putting profit back in
  40. 110

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