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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 642 · 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.Farhan’s stall made a profit of ₹800. Farhan saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is saving? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) profit put in a bank
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) more seeds for next time (d) an emergency fund
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  8. 8.Joseph’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Farhan’s stall made a profit of ₹200. Farhan saves 10% of it. How many rupees are saved?
  11. 11.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  14. 14.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Arjun’s stall made a profit of ₹800. Arjun saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  18. 18.Ananya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Kabir’s stall made a profit of ₹700. Kabir saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  22. 22.Gurpreet’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 reinvested?
  23. 23.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) a cinema ticket
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) profit put in a bank
  26. 26.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
  27. 27.Kabir’s stall made a profit of ₹1200. Kabir saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Kabir’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  33. 33.Aarav’s stall made a profit of ₹200. Aarav saves 10% of it. How many rupees are saved?
  34. 34.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  35. 35.Joseph’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  37. 37.Lakshmi’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Meera’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 80
  2. 12
  3. profit put in a bank
  4. a new video game
  5. saving
  6. an emergency fund
  7. reinvesting
  8. 595
  9. 162
  10. 20
  11. the cost of borrowing
  12. spending
  13. reinvesting
  14. 14
  15. 400
  16. 254
  17. can I pay it back?
  18. 50
  19. 70
  20. 75
  21. a cinema ticket
  22. 60
  23. 484
  24. better paint for cards
  25. more seeds for next time
  26. 100
  27. 240
  28. 306
  29. 180
  30. 103
  31. 6
  32. saving
  33. 20
  34. a piggy bank for later
  35. 330
  36. for bad days and goals
  37. 540
  38. 320
  39. 510
  40. 45

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