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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 868 · 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.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  4. 4.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  8. 8.Tara’s stall made a profit of ₹1700. Tara saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  12. 12.Dev’s stall made a profit of ₹800. Dev saves 25% of it. How many rupees are saved?
  13. 13.Aarav’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) a new video game
  15. 15.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  16. 16.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  18. 18.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  19. 19.Kabir’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 25% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  27. 27.Kavya’s stall made a profit of ₹400. Kavya saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  30. 30.Arjun’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  32. 32.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Aarav’s stall made a profit of ₹1800. Aarav saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  35. 35.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹300. Farhan saves 20% of it. How many rupees are saved?
  37. 37.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  38. 38.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  39. 39.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 200
  2. 954
  3. more seeds for next time
  4. 350
  5. 214
  6. 1200
  7. reinvesting
  8. 425
  9. 408
  10. 981
  11. saving
  12. 200
  13. 600
  14. a new video game
  15. buying a second juicer
  16. the cost of borrowing
  17. spending
  18. better paint for cards
  19. 120
  20. for bad days and goals
  21. reinvesting
  22. 432
  23. 864
  24. 350
  25. 36
  26. a cinema ticket
  27. 100
  28. 96
  29. saving
  30. 300
  31. can I pay it back?
  32. 456
  33. 180
  34. saving
  35. 98
  36. 60
  37. an emergency fund
  38. spending
  39. 70
  40. 270

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