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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 845 · 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.Rohan’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Tara’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  8. 8.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  12. 12.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  16. 16.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Aarav’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 spent?
  18. 18.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  20. 20.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
  21. 21.Riya’s stall made a profit of ₹1800. Riya saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  24. 24.Lakshmi’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 20% of it. How many rupees are saved?
  27. 27.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  29. 29.Kabir’s stall made a profit of ₹1300. Kabir saves 50% of it. How many rupees are saved?
  30. 30.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  31. 31.Ishaan’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  33. 33.Vihaan’s stall made a profit of ₹1700. Vihaan saves 25% of it. How many rupees are saved?
  34. 34.Joseph’s stall made a profit of ₹1400. Joseph saves 50% of it. How many rupees are saved?
  35. 35.Farhan’s stall made a profit of ₹2000. Farhan saves 10% of it. How many rupees are saved?
  36. 36.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  37. 37.Aarav’s stall made a profit of ₹1900. Aarav saves 50% of it. How many rupees are saved?
  38. 38.Riya’s stall made a profit of ₹1400. Riya saves 10% of it. How many rupees are saved?
  39. 39.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 25% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending

Answer key

  1. 600
  2. 160
  3. reinvesting
  4. spending
  5. 208
  6. saving
  7. to keep trust
  8. 24
  9. 510
  10. the cost of borrowing
  11. saving
  12. 125
  13. 36
  14. 24
  15. for bad days and goals
  16. 32
  17. 220
  18. a new video game
  19. spending
  20. a piggy bank for later
  21. 180
  22. 575
  23. 70
  24. 380
  25. 112
  26. 220
  27. more seeds for next time
  28. spending
  29. 650
  30. putting profit back in
  31. 300
  32. reinvesting
  33. 425
  34. 700
  35. 200
  36. better paint for cards
  37. 950
  38. 140
  39. 50
  40. saving

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