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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 896 · 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.Meera’s stall made a profit of ₹1100. Meera saves 20% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  4. 4.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) a piggy bank for later
  5. 5.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) a piggy bank for later
  6. 6.Dev’s stall made a profit of ₹400. Dev saves 20% of it. How many rupees are saved?
  7. 7.Aarav’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Aarav’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 20% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  14. 14.Farhan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  17. 17.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  19. 19.Kabir’s stall made a profit of ₹1400. Kabir saves 50% of it. How many rupees are saved?
  20. 20.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  21. 21.Saanvi’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.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Joseph’s stall made a profit of ₹300. Joseph saves 25% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  25. 25.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  26. 26.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.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 ₹)?
  28. 28.Rohan’s stall made a profit of ₹1200. Rohan saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  31. 31.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  32. 32.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
  34. 34.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Joseph’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  37. 37.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 ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  40. 40.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 ₹)?

Answer key

  1. 220
  2. saving
  3. a cinema ticket
  4. a piggy bank for later
  5. buying a second juicer
  6. 80
  7. 1120
  8. 135
  9. 420
  10. 20
  11. 220
  12. 728
  13. saving
  14. 180
  15. 118
  16. putting profit back in
  17. can I pay it back?
  18. to keep trust
  19. 700
  20. the cost of borrowing
  21. 220
  22. 168
  23. 75
  24. spending
  25. a new video game
  26. 63
  27. 530
  28. 600
  29. 60
  30. more seeds for next time
  31. for bad days and goals
  32. 348
  33. better paint for cards
  34. 12
  35. 760
  36. reinvesting
  37. 954
  38. 16
  39. reinvesting
  40. 208

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