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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 766 · 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 ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) profit put in a bank
  3. 3.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) an emergency fund
  5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  7. 7.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  8. 8.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Farhan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Lakshmi’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Diya’s stall made a profit of ₹2000. Diya saves 20% of it. How many rupees are saved?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  14. 14.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.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
  18. 18.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  19. 19.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) profit put in a bank
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  21. 21.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🐷 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
  23. 23.Diya’s stall made a profit of ₹1600. Diya saves 10% of it. How many rupees are saved?
  24. 24.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 50% of it. How many rupees are saved?
  25. 25.Ananya’s stall made a profit of ₹900. Ananya saves 20% of it. How many rupees are saved?
  26. 26.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?
  27. 27.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  28. 28.Vihaan’s stall made a profit of ₹1500. Vihaan saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  31. 31.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Zoya’s stall made a profit of ₹1700. Zoya saves 25% of it. How many rupees are saved?
  33. 33.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  34. 34.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Ishaan’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  37. 37.Saanvi’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Rohan’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 reinvested?
  39. 39.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  40. 40.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 780
  2. profit put in a bank
  3. 428
  4. an emergency fund
  5. reinvesting
  6. spending
  7. can I pay it back?
  8. 108
  9. 240
  10. 105
  11. 400
  12. the cost of borrowing
  13. saving
  14. 228
  15. 1080
  16. 735
  17. buying a second juicer
  18. spending
  19. better paint for cards
  20. saving
  21. 620
  22. for bad days and goals
  23. 160
  24. 100
  25. 180
  26. 150
  27. sweets for yourself
  28. 375
  29. 1140
  30. spending
  31. 40
  32. 425
  33. to keep trust
  34. 54
  35. 315
  36. 50
  37. 40
  38. 850
  39. more seeds for next time
  40. 3

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