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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 829 · 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.Gurpreet’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  5. 5.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
  6. 6.Kabir’s stall made a profit of ₹2000. Kabir saves 50% of it. How many rupees are saved?
  7. 7.Meera’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Which of these is saving? (a) a cinema ticket (b) a new video game (c) sweets for yourself (d) a piggy bank for later
  9. 9.Tara’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Ananya’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  12. 12.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  14. 14.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) profit put in a bank
  15. 15.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.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 ₹)?
  19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  20. 20.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Diya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  23. 23.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  25. 25.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  26. 26.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Kavya’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  29. 29.Kavya’s stall made a profit of ₹1100. Kavya saves 10% of it. How many rupees are saved?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  31. 31.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?
  32. 32.Ananya’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  34. 34.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  36. 36.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Kavya’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) an emergency fund (d) more seeds for next time

Answer key

  1. 90
  2. 944
  3. reinvesting
  4. a cinema ticket
  5. 120
  6. 1000
  7. 160
  8. a piggy bank for later
  9. 100
  10. 1190
  11. 400
  12. can I pay it back?
  13. saving
  14. profit put in a bank
  15. 50
  16. 200
  17. 18
  18. 530
  19. saving
  20. 15
  21. 220
  22. spending
  23. better paint for cards
  24. reinvesting
  25. sweets for yourself
  26. 762
  27. 570
  28. for bad days and goals
  29. 110
  30. talk to parents
  31. 40
  32. 680
  33. spending
  34. 10
  35. the cost of borrowing
  36. 35
  37. 200
  38. 208
  39. 954
  40. more seeds for next time

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