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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 938 · 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.Tara’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  6. 6.Zoya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  11. 11.Kabir’s stall made a profit of ₹1200. Kabir saves 20% of it. How many rupees are saved?
  12. 12.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  14. 14.Kabir’s stall made a profit of ₹200. Kabir saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Zoya’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Meera’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?
  19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) sweets for yourself
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  21. 21.Dev’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Nisha’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  26. 26.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  29. 29.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  30. 30.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  33. 33.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Kavya’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Joseph’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
  38. 38.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  40. 40.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 800
  2. 8
  3. 63
  4. a new video game
  5. reinvesting
  6. 360
  7. 36
  8. 20
  9. 48
  10. 60
  11. 240
  12. 640
  13. sweets for yourself
  14. 100
  15. 321
  16. 212
  17. 270
  18. 150
  19. buying a second juicer
  20. reinvesting
  21. 510
  22. 1140
  23. reinvesting
  24. saving
  25. an emergency fund
  26. 318
  27. to keep trust
  28. talk to parents
  29. the cost of borrowing
  30. 5
  31. 654
  32. profit put in a bank
  33. 30
  34. 280
  35. 200
  36. 81
  37. 150
  38. can I pay it back?
  39. saving
  40. 63

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