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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 922 · 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 ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.Gurpreet’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 reinvested?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Rohan’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Zoya’s stall made a profit of ₹1700. Zoya saves 50% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) buying a second juicer (d) more seeds for next time
  11. 11.Tara’s stall made a profit of ₹1600. Tara saves 10% of it. How many rupees are saved?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  13. 13.Kabir’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Rohan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.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 ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  18. 18.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  20. 20.Ananya’s stall made a profit of ₹1900. Ananya saves 50% of it. How many rupees are saved?
  21. 21.Zoya’s stall made a profit of ₹2000. Zoya saves 25% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Aarav’s stall made a profit of ₹200. Aarav saves 25% of it. How many rupees are saved?
  25. 25.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  26. 26.Tara’s stall made a profit of ₹1600. Tara saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  30. 30.Rohan’s stall made a profit of ₹500. Rohan saves 10% of it. How many rupees are saved?
  31. 31.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  35. 35.Meera’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Ishaan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Rohan’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Lakshmi’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 972
  2. spending
  3. 320
  4. reinvesting
  5. 832
  6. 120
  7. saving
  8. 64
  9. 850
  10. profit put in a bank
  11. 160
  12. the cost of borrowing
  13. 140
  14. 240
  15. 408
  16. 90
  17. reinvesting
  18. a piggy bank for later
  19. spending
  20. 950
  21. 500
  22. 40
  23. 24
  24. 50
  25. to keep trust
  26. 320
  27. 6
  28. 1060
  29. reinvesting
  30. 50
  31. 130
  32. 242
  33. 968
  34. more seeds for next time
  35. 680
  36. 150
  37. 436
  38. 900
  39. 960
  40. 125

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