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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 429 · 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.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  3. 3.Farhan’s stall made a profit of ₹800. Farhan saves 25% of it. How many rupees are saved?
  4. 4.Farhan’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a new video game (d) profit put in a bank
  6. 6.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Ananya’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Joseph’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 spent?
  10. 10.Vihaan’s stall made a profit of ₹600. Vihaan saves 50% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  12. 12.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  14. 14.Vihaan’s stall made a profit of ₹1200. Vihaan saves 10% of it. How many rupees are saved?
  15. 15.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  17. 17.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 ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  20. 20.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  21. 21.Ananya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  23. 23.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) profit put in a bank
  24. 24.Ishaan’s stall made a profit of ₹500. Ishaan saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Tara’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 spent?
  27. 27.Nisha’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Ananya’s stall made a profit of ₹1600. Ananya saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Dev’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Zoya’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Ananya’s stall made a profit of ₹700. Ananya saves 10% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  38. 38.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 ₹)?
  39. 39.Kabir’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending

Answer key

  1. a new video game
  2. spending
  3. 200
  4. 210
  5. better paint for cards
  6. 106
  7. 108
  8. 120
  9. 125
  10. 300
  11. spending
  12. 218
  13. the cost of borrowing
  14. 120
  15. 700
  16. reinvesting
  17. 327
  18. 16
  19. saving
  20. profit put in a bank
  21. 560
  22. can I pay it back?
  23. sweets for yourself
  24. 250
  25. 28
  26. 360
  27. 500
  28. a cinema ticket
  29. 963
  30. 672
  31. 320
  32. 440
  33. 180
  34. 40
  35. 600
  36. 70
  37. a piggy bank for later
  38. 121
  39. 200
  40. saving

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