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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 491 · 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.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 20% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Joseph’s stall made a profit of ₹500. Joseph saves 25% of it. How many rupees are saved?
  6. 6.Rohan’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?
  7. 7.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  9. 9.Diya’s stall made a profit of ₹500. Diya saves 50% of it. How many rupees are saved?
  10. 10.Vihaan’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  12. 12.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  13. 13.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  14. 14.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  15. 15.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  18. 18.Meera’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  21. 21.Joseph’s stall made a profit of ₹1000. Joseph saves 10% of it. How many rupees are saved?
  22. 22.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  23. 23.Kavya’s stall made a profit of ₹400. Kavya saves 25% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  25. 25.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  26. 26.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.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 ₹)?
  28. 28.Diya’s stall made a profit of ₹1000. Diya saves 25% of it. How many rupees are saved?
  29. 29.Ananya’s stall made a profit of ₹1000. Ananya saves 20% of it. How many rupees are saved?
  30. 30.Farhan’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?
  31. 31.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) more seeds for next time (d) an emergency fund
  32. 32.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  35. 35.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) a piggy bank for later
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  37. 37.Arjun’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) sweets for yourself

Answer key

  1. 280
  2. 456
  3. 236
  4. 390
  5. 125
  6. 165
  7. 8
  8. profit put in a bank
  9. 250
  10. 765
  11. a new video game
  12. putting profit back in
  13. the cost of borrowing
  14. 350
  15. 110
  16. reinvesting
  17. saving
  18. 360
  19. a cinema ticket
  20. spending
  21. 100
  22. more seeds for next time
  23. 100
  24. reinvesting
  25. can I pay it back?
  26. 36
  27. 324
  28. 250
  29. 200
  30. 100
  31. an emergency fund
  32. 72
  33. spending
  34. sweets for yourself
  35. a piggy bank for later
  36. saving
  37. 450
  38. 270
  39. 315
  40. buying a second juicer

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