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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 49 · 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.Kabir’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  5. 5.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  6. 6.Dev’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?
  7. 7.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.Ananya’s stall made a profit of ₹1800. Ananya saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  11. 11.Farhan’s stall made a profit of ₹600. 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 reinvesting in the business? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  13. 13.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
  17. 17.Zoya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  19. 19.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  21. 21.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Diya’s stall made a profit of ₹1500. Diya saves 20% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) better paint for cards
  24. 24.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  26. 26.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
  30. 30.🐷 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
  31. 31.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Lakshmi’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Aarav’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  36. 36.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  37. 37.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 90
  2. a piggy bank for later
  3. better paint for cards
  4. reinvesting
  5. 100
  6. 385
  7. 127
  8. 900
  9. 840
  10. the cost of borrowing
  11. 360
  12. buying a second juicer
  13. 510
  14. 12
  15. 30
  16. 200
  17. 240
  18. spending
  19. 1070
  20. reinvesting
  21. 84
  22. 300
  23. profit put in a bank
  24. 24
  25. to keep trust
  26. 805
  27. saving
  28. 798
  29. an emergency fund
  30. for bad days and goals
  31. 6
  32. 720
  33. 200
  34. 896
  35. putting profit back in
  36. can I pay it back?
  37. 832
  38. 112
  39. 60
  40. 54

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