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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 967 · 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 ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Meera’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?
  3. 3.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  7. 7.Arjun’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.Kabir’s stall made a profit of ₹1200. Kabir saves 25% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  10. 10.Vihaan’s stall made a profit of ₹1800. Vihaan saves 25% of it. How many rupees are saved?
  11. 11.Saanvi’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Kavya’s stall made a profit of ₹1400. Kavya saves 20% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  17. 17.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  19. 19.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  20. 20.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  21. 21.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Aarav’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Rohan’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  27. 27.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  28. 28.Saanvi’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Ananya’s stall made a profit of ₹1500. Ananya saves 20% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) a cinema ticket
  32. 32.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  33. 33.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Which of these is saving? (a) a new video game (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  35. 35.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Rohan’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  38. 38.Saanvi’s stall made a profit of ₹200. Saanvi saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 50% of it. How many rupees are saved?

Answer key

  1. 30
  2. 1140
  3. 60
  4. 72
  5. putting profit back in
  6. spending
  7. 1050
  8. 300
  9. profit put in a bank
  10. 450
  11. 350
  12. 100
  13. 84
  14. 448
  15. 280
  16. spending
  17. 10
  18. talk to parents
  19. more seeds for next time
  20. buying a second juicer
  21. 927
  22. 480
  23. 360
  24. 635
  25. can I pay it back?
  26. saving
  27. for bad days and goals
  28. 600
  29. 270
  30. 300
  31. better paint for cards
  32. sweets for yourself
  33. 81
  34. an emergency fund
  35. 54
  36. 660
  37. a piggy bank for later
  38. 20
  39. 12
  40. 850

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