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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 826 · 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.Ananya’s stall made a profit of ₹1800. Ananya saves 10% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Vihaan’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) a new video game
  8. 8.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  11. 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  12. 12.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  13. 13.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) sweets for yourself
  15. 15.Riya’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Nisha’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) more seeds for next time (d) sweets for yourself
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  19. 19.Diya’s stall made a profit of ₹600. Diya saves 20% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  21. 21.Saanvi’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 spent?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  23. 23.Vihaan’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Zoya’s stall made a profit of ₹200. Zoya saves 10% of it. How many rupees are saved?
  25. 25.Kavya’s stall made a profit of ₹1000. Kavya saves 50% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  27. 27.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Ananya’s stall made a profit of ₹800. Ananya saves 10% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Saanvi’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Dev’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Aarav’s stall made a profit of ₹1300. Aarav saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  36. 36.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  39. 39.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  40. 40.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 180
  2. saving
  3. 20
  4. 15
  5. 900
  6. 50
  7. profit put in a bank
  8. 784
  9. reinvesting
  10. saving
  11. the cost of borrowing
  12. sweets for yourself
  13. 580
  14. an emergency fund
  15. 120
  16. 630
  17. a piggy bank for later
  18. a cinema ticket
  19. 120
  20. spending
  21. 500
  22. reinvesting
  23. 80
  24. 20
  25. 500
  26. spending
  27. 72
  28. 80
  29. 560
  30. 63
  31. 520
  32. 140
  33. 130
  34. 81
  35. better paint for cards
  36. 60
  37. 45
  38. 180
  39. to keep trust
  40. 72

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