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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 525 · 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) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  2. 2.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  5. 5.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  7. 7.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Which of these is saving? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a cinema ticket
  9. 9.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Zoya’s stall made a profit of ₹2000. Zoya saves 25% of it. How many rupees are saved?
  12. 12.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  13. 13.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) sweets for yourself
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) a cinema ticket
  15. 15.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 50% of it. How many rupees are saved?
  16. 16.Dev’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Zoya’s stall made a profit of ₹900. Zoya saves 25% of it. How many rupees are saved?
  18. 18.Gurpreet’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?
  19. 19.Aarav’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  24. 24.Arjun’s stall made a profit of ₹1000. Arjun saves 50% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  26. 26.Gurpreet’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Diya’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  32. 32.Dev’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  34. 34.Nisha’s stall made a profit of ₹500. Nisha saves 10% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) an emergency fund
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Ananya’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Meera’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 reinvested?
  40. 40.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. sweets for yourself
  2. 150
  3. 168
  4. better paint for cards
  5. 20
  6. saving
  7. 108
  8. an emergency fund
  9. 114
  10. 36
  11. 500
  12. the cost of borrowing
  13. a piggy bank for later
  14. buying a second juicer
  15. 150
  16. 100
  17. 225
  18. 100
  19. 150
  20. a cinema ticket
  21. 1180
  22. 90
  23. talk to parents
  24. 500
  25. spending
  26. 400
  27. 515
  28. 400
  29. 80
  30. 20
  31. reinvesting
  32. 390
  33. saving
  34. 50
  35. a new video game
  36. reinvesting
  37. 812
  38. 450
  39. 120
  40. 848

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