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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 734 · 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 ₹600. Joseph saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  8. 8.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  10. 10.Which of these is saving? (a) a new video game (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  11. 11.Nisha’s stall made a profit of ₹1400. 25% is saved, 20% 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) spending (b) reinvesting (c) saving
  13. 13.Diya’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  20. 20.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  22. 22.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  23. 23.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) better paint for cards
  25. 25.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  26. 26.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a piggy bank for later (d) a new video game
  27. 27.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  28. 28.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  29. 29.Riya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  31. 31.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  34. 34.Vihaan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  36. 36.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Arjun’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  39. 39.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 20% of it. How many rupees are saved?
  40. 40.Vihaan’s stall made a profit of ₹1800. Vihaan saves 10% of it. How many rupees are saved?

Answer key

  1. 60
  2. 928
  3. 1210
  4. spending
  5. reinvesting
  6. 107
  7. can I pay it back?
  8. 240
  9. to keep trust
  10. profit put in a bank
  11. 280
  12. saving
  13. 260
  14. 56
  15. 1080
  16. 650
  17. 160
  18. saving
  19. spending
  20. 6
  21. the cost of borrowing
  22. a cinema ticket
  23. 150
  24. an emergency fund
  25. sweets for yourself
  26. a new video game
  27. a piggy bank for later
  28. buying a second juicer
  29. 510
  30. better paint for cards
  31. 440
  32. 40
  33. putting profit back in
  34. 450
  35. for bad days and goals
  36. 14
  37. 800
  38. 30
  39. 120
  40. 180

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