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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 666 · 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.Nisha’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Riya’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) profit put in a bank
  7. 7.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  8. 8.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Aarav’s stall made a profit of ₹1500. Aarav saves 50% of it. How many rupees are saved?
  11. 11.Arjun’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  14. 14.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  16. 16.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) better paint for cards
  17. 17.Rohan’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) sweets for yourself (d) a cinema ticket
  19. 19.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  22. 22.Meera’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Gurpreet’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?
  24. 24.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  25. 25.Tara’s stall made a profit of ₹1200. Tara saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  28. 28.Diya’s stall made a profit of ₹1800. Diya saves 10% of it. How many rupees are saved?
  29. 29.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  30. 30.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Ananya’s stall made a profit of ₹1700. Ananya saves 20% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  34. 34.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  37. 37.Zoya’s stall made a profit of ₹1600. Zoya saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 360
  2. reinvesting
  3. reinvesting
  4. 550
  5. 100
  6. profit put in a bank
  7. putting profit back in
  8. 36
  9. 80
  10. 750
  11. 950
  12. saving
  13. an emergency fund
  14. 300
  15. spending
  16. a new video game
  17. 640
  18. a piggy bank for later
  19. 190
  20. 108
  21. spending
  22. 1140
  23. 250
  24. can I pay it back?
  25. 600
  26. 24
  27. to keep trust
  28. 180
  29. 275
  30. 40
  31. 90
  32. 340
  33. saving
  34. 200
  35. 27
  36. buying a second juicer
  37. 320
  38. 2
  39. 49
  40. 12

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