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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 719 · 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.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  5. 5.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 ₹)?
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  7. 7.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  8. 8.💡 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?
  9. 9.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  12. 12.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  13. 13.Meera’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Rohan’s stall made a profit of ₹400. Rohan saves 10% of it. How many rupees are saved?
  18. 18.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  19. 19.Arjun’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 reinvested?
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  21. 21.Kabir’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  28. 28.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Rohan’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.Saanvi’s stall made a profit of ₹300. Saanvi saves 50% of it. How many rupees are saved?
  33. 33.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  34. 34.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  35. 35.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
  36. 36.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  39. 39.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 750
  2. 36
  3. 6
  4. putting profit back in
  5. 510
  6. to keep trust
  7. 120
  8. can I pay it back?
  9. 60
  10. 42
  11. spending
  12. 70
  13. 250
  14. saving
  15. 756
  16. 27
  17. 40
  18. sweets for yourself
  19. 300
  20. saving
  21. 440
  22. 642
  23. 24
  24. 100
  25. 120
  26. a cinema ticket
  27. reinvesting
  28. 50
  29. 60
  30. 300
  31. 126
  32. 150
  33. 100
  34. buying a second juicer
  35. a piggy bank for later
  36. 350
  37. 12
  38. the cost of borrowing
  39. 150
  40. 36

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