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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 867 · 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 ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Joseph’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 spent?
  3. 3.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  6. 6.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  9. 9.Tara’s stall made a profit of ₹700. Tara saves 50% of it. How many rupees are saved?
  10. 10.Farhan’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  12. 12.Tara’s stall made a profit of ₹500. Tara saves 20% of it. How many rupees are saved?
  13. 13.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  14. 14.Tara’s stall made a profit of ₹1200. Tara saves 25% of it. How many rupees are saved?
  15. 15.Farhan’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Saanvi’s stall made a profit of ₹600. Saanvi saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Aarav’s stall made a profit of ₹1900. Aarav saves 25% of it. How many rupees are saved?
  19. 19.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  20. 20.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  22. 22.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  26. 26.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  30. 30.Farhan’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Ananya’s stall made a profit of ₹1300. Ananya saves 10% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) an emergency fund
  33. 33.Dev’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  36. 36.Aarav’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Aarav’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 240
  2. 600
  3. 805
  4. a new video game
  5. spending
  6. 856
  7. 864
  8. reinvesting
  9. 350
  10. 110
  11. profit put in a bank
  12. 100
  13. can I pay it back?
  14. 300
  15. 200
  16. 60
  17. 80
  18. 475
  19. the cost of borrowing
  20. 560
  21. better paint for cards
  22. a piggy bank for later
  23. saving
  24. talk to parents
  25. buying a second juicer
  26. 135
  27. 270
  28. an emergency fund
  29. spending
  30. 200
  31. 130
  32. more seeds for next time
  33. 935
  34. 32
  35. putting profit back in
  36. 420
  37. 400
  38. 635
  39. 320
  40. 72

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