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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 102 · 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.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  2. 2.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 ₹)?
  3. 3.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Kavya’s stall made a profit of ₹900. Kavya saves 25% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Saanvi’s stall made a profit of ₹1200. Saanvi saves 50% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  8. 8.Arjun’s stall made a profit of ₹1400. Arjun saves 50% of it. How many rupees are saved?
  9. 9.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  10. 10.Aarav’s stall made a profit of ₹1500. Aarav saves 20% of it. How many rupees are saved?
  11. 11.Joseph’s stall made a profit of ₹500. Joseph saves 10% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Aarav’s stall made a profit of ₹1100. Aarav saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  17. 17.Nisha’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  19. 19.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) an emergency fund
  20. 20.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  21. 21.Aarav’s stall made a profit of ₹2000. Aarav saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  24. 24.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  25. 25.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Gurpreet’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?
  27. 27.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Vihaan’s stall made a profit of ₹200. Vihaan saves 20% of it. How many rupees are saved?
  29. 29.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 ₹)?
  30. 30.Arjun’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  34. 34.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  37. 37.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 ₹)?
  38. 38.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  39. 39.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  40. 40.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?

Answer key

  1. saving
  2. 242
  3. 90
  4. 225
  5. 8
  6. 600
  7. better paint for cards
  8. 700
  9. 190
  10. 300
  11. 50
  12. spending
  13. 118
  14. 275
  15. 6
  16. saving
  17. 450
  18. for bad days and goals
  19. buying a second juicer
  20. a new video game
  21. 200
  22. 126
  23. can I pay it back?
  24. an emergency fund
  25. 90
  26. 200
  27. 80
  28. 40
  29. 208
  30. 700
  31. 560
  32. 112
  33. a piggy bank for later
  34. a cinema ticket
  35. reinvesting
  36. reinvesting
  37. 972
  38. the cost of borrowing
  39. to keep trust
  40. 220

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