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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 582 · 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.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 ₹)?
  2. 2.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Rohan’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Aarav’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  6. 6.Dev’s stall made a profit of ₹1800. Dev saves 50% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  10. 10.Riya’s stall made a profit of ₹700. Riya saves 50% of it. How many rupees are saved?
  11. 11.Zoya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  13. 13.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  14. 14.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) a new video game
  15. 15.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 ₹)?
  16. 16.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Dev’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  22. 22.Rohan’s stall made a profit of ₹1600. Rohan saves 10% of it. How many rupees are saved?
  23. 23.Meera’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  26. 26.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) buying a second juicer (d) more seeds for next time
  27. 27.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  29. 29.Kavya’s stall made a profit of ₹500. Kavya saves 20% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  31. 31.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  32. 32.Aarav’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  34. 34.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  38. 38.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) better paint for cards

Answer key

  1. 896
  2. 49
  3. 90
  4. 160
  5. spending
  6. 900
  7. spending
  8. 48
  9. putting profit back in
  10. 350
  11. 560
  12. reinvesting
  13. can I pay it back?
  14. more seeds for next time
  15. 856
  16. 345
  17. 648
  18. 60
  19. 60
  20. 780
  21. better paint for cards
  22. 160
  23. 720
  24. 40
  25. talk to parents
  26. profit put in a bank
  27. 318
  28. for bad days and goals
  29. 100
  30. reinvesting
  31. a new video game
  32. 825
  33. reinvesting
  34. 175
  35. 106
  36. 6
  37. sweets for yourself
  38. 428
  39. 342
  40. a cinema ticket

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