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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 807 · 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 ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Dev’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Lakshmi’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.Gurpreet’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  9. 9.Joseph’s stall made a profit of ₹900. Joseph saves 20% of it. How many rupees are saved?
  10. 10.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
  11. 11.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  12. 12.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  13. 13.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  14. 14.Zoya’s stall made a profit of ₹800. Zoya saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  17. 17.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  20. 20.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  21. 21.Arjun’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  23. 23.Diya’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) an emergency fund (d) a new video game
  26. 26.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹200. Kabir saves 10% of it. How many rupees are saved?
  28. 28.Arjun’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Vihaan’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  31. 31.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Kabir’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Ishaan’s stall made a profit of ₹500. Ishaan saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Kavya’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  38. 38.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 50% of it. How many rupees are saved?
  39. 39.Riya’s stall made a profit of ₹1700. Riya saves 50% of it. How many rupees are saved?
  40. 40.Joseph’s stall made a profit of ₹1300. Joseph saves 25% of it. How many rupees are saved?

Answer key

  1. 530
  2. 450
  3. reinvesting
  4. reinvesting
  5. 218
  6. 800
  7. 250
  8. the cost of borrowing
  9. 180
  10. 40
  11. to keep trust
  12. can I pay it back?
  13. more seeds for next time
  14. 160
  15. 248
  16. saving
  17. 40
  18. a cinema ticket
  19. spending
  20. 100
  21. 250
  22. putting profit back in
  23. 400
  24. 872
  25. a new video game
  26. 60
  27. 20
  28. 180
  29. 750
  30. saving
  31. 1200
  32. 348
  33. 280
  34. 100
  35. 520
  36. 180
  37. for bad days and goals
  38. 700
  39. 850
  40. 325

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