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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 680 · 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 ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Meera’s stall made a profit of ₹1000. Meera saves 10% of it. How many rupees are saved?
  3. 3.Aarav’s stall made a profit of ₹1700. Aarav saves 25% of it. How many rupees are saved?
  4. 4.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
  5. 5.Zoya’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  10. 10.Ishaan’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  12. 12.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a cinema ticket
  13. 13.Aarav’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Joseph’s stall made a profit of ₹700. Joseph saves 25% of it. How many rupees are saved?
  15. 15.Zoya’s stall made a profit of ₹800. Zoya saves 10% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  18. 18.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) better paint for cards
  19. 19.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) a new video game (d) more seeds for next time
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  21. 21.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 ₹)?
  22. 22.Joseph’s stall made a profit of ₹800. Joseph saves 25% of it. How many rupees are saved?
  23. 23.Kabir’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Gurpreet’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 reinvested?
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  26. 26.Nisha’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  28. 28.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) sweets for yourself (d) more seeds for next time
  29. 29.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) sweets for yourself
  30. 30.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  31. 31.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  33. 33.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  34. 34.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  36. 36.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Diya’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?
  38. 38.Nisha’s stall made a profit of ₹400. Nisha saves 10% of it. How many rupees are saved?
  39. 39.Ananya’s stall made a profit of ₹1800. Ananya saves 10% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) better paint for cards

Answer key

  1. 1035
  2. 100
  3. 425
  4. better paint for cards
  5. 630
  6. 889
  7. 25
  8. 7
  9. putting profit back in
  10. 840
  11. for bad days and goals
  12. profit put in a bank
  13. 1050
  14. 175
  15. 80
  16. spending
  17. spending
  18. a new video game
  19. an emergency fund
  20. spending
  21. 210
  22. 200
  23. 1140
  24. 260
  25. reinvesting
  26. 80
  27. can I pay it back?
  28. more seeds for next time
  29. buying a second juicer
  30. sweets for yourself
  31. 550
  32. saving
  33. the cost of borrowing
  34. 560
  35. a piggy bank for later
  36. 40
  37. 640
  38. 40
  39. 180
  40. a cinema ticket

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