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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 843 · 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  2. 2.Farhan’s stall made a profit of ₹500. Farhan saves 10% of it. How many rupees are saved?
  3. 3.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  6. 6.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  7. 7.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
  9. 9.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  10. 10.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Diya’s stall made a profit of ₹800. Diya saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  16. 16.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Kavya’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  19. 19.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  21. 21.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a new video game (d) an emergency fund
  23. 23.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  26. 26.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Rohan’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Tara’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
  31. 31.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  32. 32.Rohan’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 reinvested?
  33. 33.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) more seeds for next time
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  36. 36.Diya’s stall made a profit of ₹400. Diya saves 25% of it. How many rupees are saved?
  37. 37.Riya’s stall made a profit of ₹1800. Riya saves 20% of it. How many rupees are saved?
  38. 38.Arjun’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 reinvested?
  39. 39.Lakshmi’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Dev’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?

Answer key

  1. saving
  2. 50
  3. 150
  4. 816
  5. better paint for cards
  6. for bad days and goals
  7. 5
  8. 300
  9. more seeds for next time
  10. 540
  11. 530
  12. 363
  13. 200
  14. 1170
  15. a piggy bank for later
  16. 70
  17. 300
  18. saving
  19. can I pay it back?
  20. spending
  21. 826
  22. an emergency fund
  23. 40
  24. reinvesting
  25. reinvesting
  26. 1060
  27. 200
  28. 160
  29. 80
  30. a cinema ticket
  31. sweets for yourself
  32. 180
  33. 180
  34. profit put in a bank
  35. spending
  36. 100
  37. 360
  38. 390
  39. 540
  40. 250

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