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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 703 · 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.Dev’s stall made a profit of ₹400. Dev saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  4. 4.Farhan’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  6. 6.Ishaan’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  8. 8.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Dev’s stall made a profit of ₹1700. Dev saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  12. 12.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) better paint for cards (d) a new video game
  13. 13.Meera’s stall made a profit of ₹2000. Meera saves 25% of it. How many rupees are saved?
  14. 14.Nisha’s stall made a profit of ₹1100. Nisha saves 20% of it. How many rupees are saved?
  15. 15.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  16. 16.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) a new video game
  18. 18.Farhan’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  21. 21.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Ananya’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Diya’s stall made a profit of ₹200. Diya saves 10% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) sweets for yourself
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  28. 28.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Gurpreet’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?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  32. 32.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Meera’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  38. 38.Ananya’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving

Answer key

  1. 40
  2. 696
  3. to keep trust
  4. 520
  5. the cost of borrowing
  6. 90
  7. profit put in a bank
  8. 80
  9. 425
  10. 318
  11. for bad days and goals
  12. an emergency fund
  13. 500
  14. 220
  15. putting profit back in
  16. 605
  17. buying a second juicer
  18. 510
  19. a cinema ticket
  20. spending
  21. 70
  22. 920
  23. 36
  24. 300
  25. 20
  26. better paint for cards
  27. reinvesting
  28. 21
  29. 825
  30. saving
  31. reinvesting
  32. 535
  33. saving
  34. 6
  35. 208
  36. 640
  37. spending
  38. 850
  39. 109
  40. reinvesting

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