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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 584 · 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 ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Joseph’s stall made a profit of ₹600. Joseph saves 50% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  4. 4.Farhan’s stall made a profit of ₹300. Farhan saves 20% of it. How many rupees are saved?
  5. 5.👪 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
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a new video game
  7. 7.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 10% of it. How many rupees are saved?
  9. 9.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  12. 12.Farhan’s stall made a profit of ₹400. Farhan saves 25% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Ananya’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  18. 18.Tara’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  20. 20.Dev’s stall made a profit of ₹1700. Dev saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) buying a second juicer
  23. 23.Meera’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?
  24. 24.Saanvi’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Tara’s stall made a profit of ₹1900. 10% is saved, 20% 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) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) a piggy bank for later
  28. 28.Saanvi’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) sweets for yourself
  31. 31.Riya’s stall made a profit of ₹900. Riya saves 20% of it. How many rupees are saved?
  32. 32.Nisha’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Rohan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  35. 35.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) profit put in a bank
  36. 36.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) more seeds for next time
  37. 37.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.💡 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?
  39. 39.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 42
  2. 300
  3. saving
  4. 60
  5. talk to parents
  6. better paint for cards
  7. 90
  8. 200
  9. for bad days and goals
  10. spending
  11. reinvesting
  12. 100
  13. reinvesting
  14. 1035
  15. 240
  16. spending
  17. spending
  18. 160
  19. 90
  20. 850
  21. 120
  22. profit put in a bank
  23. 160
  24. 210
  25. 936
  26. 380
  27. sweets for yourself
  28. 700
  29. 60
  30. an emergency fund
  31. 180
  32. 275
  33. 1200
  34. a piggy bank for later
  35. a cinema ticket
  36. a new video game
  37. 60
  38. can I pay it back?
  39. 416
  40. 210

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