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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 576 · 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.

NameDateTime takenScore ___ / 40
  1. 1.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 10% of it. How many rupees are saved?
  2. 2.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) buying a second juicer
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  4. 4.Saanvi’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 spent?
  5. 5.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  7. 7.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Aarav’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) profit put in a bank
  10. 10.Farhan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  12. 12.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Saanvi’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 spent?
  14. 14.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  16. 16.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
  17. 17.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Lakshmi’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Riya’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?
  20. 20.Ananya’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  25. 25.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  29. 29.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Aarav’s stall made a profit of ₹1000. Aarav saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Kabir’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Riya’s stall made a profit of ₹1400. Riya saves 50% of it. How many rupees are saved?
  36. 36.Lakshmi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Farhan’s stall made a profit of ₹1400. Farhan saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Diya’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Kavya’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 40
  2. an emergency fund
  3. spending
  4. 250
  5. 7
  6. can I pay it back?
  7. 848
  8. 540
  9. a new video game
  10. 1080
  11. buying a second juicer
  12. 448
  13. 525
  14. 120
  15. saving
  16. profit put in a bank
  17. 54
  18. 280
  19. 125
  20. 270
  21. 208
  22. saving
  23. spending
  24. talk to parents
  25. 64
  26. putting profit back in
  27. 240
  28. to keep trust
  29. 864
  30. 500
  31. 12
  32. 27
  33. 856
  34. 120
  35. 700
  36. 440
  37. 700
  38. 30
  39. 650
  40. 180

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