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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 516 · 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.Arjun’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?
  2. 2.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 ₹)?
  3. 3.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  8. 8.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Tara’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 spent?
  10. 10.Dev’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  14. 14.Kabir’s stall made a profit of ₹300. Kabir saves 10% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) a piggy bank for later
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) more seeds for next time
  17. 17.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  18. 18.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  21. 21.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  22. 22.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  23. 23.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) a new video game
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Dev’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  28. 28.Riya’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  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.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  31. 31.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  36. 36.Zoya’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (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. 400
  2. 236
  3. 72
  4. 40
  5. spending
  6. spending
  7. talk to parents
  8. 684
  9. 300
  10. 600
  11. reinvesting
  12. saving
  13. better paint for cards
  14. 30
  15. sweets for yourself
  16. a new video game
  17. more seeds for next time
  18. 150
  19. the cost of borrowing
  20. saving
  21. buying a second juicer
  22. can I pay it back?
  23. an emergency fund
  24. reinvesting
  25. 10
  26. 570
  27. a cinema ticket
  28. 200
  29. 963
  30. saving
  31. 72
  32. 90
  33. 250
  34. 27
  35. to keep trust
  36. 250
  37. 8
  38. 128
  39. 63
  40. 54

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