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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 953 · 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 ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Zoya’s stall made a profit of ₹300. Zoya saves 20% of it. How many rupees are saved?
  4. 4.Riya’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
  6. 6.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  12. 12.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) sweets for yourself
  13. 13.Nisha’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?
  14. 14.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  15. 15.Arjun’s stall made a profit of ₹2000. Arjun saves 10% of it. How many rupees are saved?
  16. 16.Arjun’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  18. 18.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  19. 19.Zoya’s stall made a profit of ₹600. Zoya saves 25% of it. How many rupees are saved?
  20. 20.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  21. 21.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  25. 25.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  27. 27.Kabir’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Joseph’s stall made a profit of ₹2000. Joseph saves 10% of it. How many rupees are saved?
  29. 29.Ananya’s stall made a profit of ₹300. Ananya saves 50% of it. How many rupees are saved?
  30. 30.Joseph’s stall made a profit of ₹1200. Joseph saves 10% of it. How many rupees are saved?
  31. 31.Rohan’s stall made a profit of ₹800. Rohan saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  34. 34.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  36. 36.Farhan’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Ananya’s stall made a profit of ₹2000. Ananya saves 50% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  39. 39.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) profit put in a bank
  40. 40.Joseph’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 327
  2. 642
  3. 60
  4. 520
  5. buying a second juicer
  6. 36
  7. 36
  8. 54
  9. 8
  10. spending
  11. reinvesting
  12. an emergency fund
  13. 280
  14. putting profit back in
  15. 200
  16. 715
  17. talk to parents
  18. for bad days and goals
  19. 150
  20. a piggy bank for later
  21. 950
  22. 30
  23. 4
  24. reinvesting
  25. 108
  26. spending
  27. 600
  28. 200
  29. 150
  30. 120
  31. 400
  32. spending
  33. more seeds for next time
  34. 742
  35. better paint for cards
  36. 210
  37. 1000
  38. reinvesting
  39. profit put in a bank
  40. 500

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