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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 219 · 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.

NameDateTime takenScore ___ / 40
  1. 1.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  2. 2.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  4. 4.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  5. 5.Diya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Vihaan’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 reinvested?
  9. 9.Kabir’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?
  10. 10.Rohan’s stall made a profit of ₹200. Rohan saves 10% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  12. 12.Tara’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?
  13. 13.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  17. 17.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  18. 18.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Kabir’s stall made a profit of ₹1800. Kabir saves 20% of it. How many rupees are saved?
  22. 22.Zoya’s stall made a profit of ₹1800. Zoya saves 10% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  24. 24.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  25. 25.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Arjun’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Riya’s stall made a profit of ₹800. Riya saves 25% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  30. 30.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) a new video game
  33. 33.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  34. 34.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  36. 36.Farhan’s stall made a profit of ₹2000. Farhan saves 25% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.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 ₹)?
  39. 39.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  40. 40.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. to keep trust
  2. 40
  3. a piggy bank for later
  4. profit put in a bank
  5. 600
  6. reinvesting
  7. 648
  8. 640
  9. 680
  10. 20
  11. saving
  12. 715
  13. 36
  14. sweets for yourself
  15. spending
  16. saving
  17. for bad days and goals
  18. 102
  19. 100
  20. 70
  21. 360
  22. 180
  23. spending
  24. an emergency fund
  25. 220
  26. 560
  27. 15
  28. 200
  29. spending
  30. 20
  31. reinvesting
  32. better paint for cards
  33. reinvesting
  34. 27
  35. more seeds for next time
  36. 500
  37. 540
  38. 327
  39. putting profit back in
  40. 54

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