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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 244 · 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: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  3. 3.Vihaan’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Gurpreet’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) a new video game
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  8. 8.Rohan’s stall made a profit of ₹2000. Rohan saves 20% of it. How many rupees are saved?
  9. 9.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  10. 10.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  11. 11.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Meera’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  14. 14.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  17. 17.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  18. 18.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Nisha’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) more seeds for next time
  24. 24.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  26. 26.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  27. 27.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  30. 30.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Arjun’s stall made a profit of ₹600. Arjun saves 10% of it. How many rupees are saved?
  32. 32.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  34. 34.Rohan’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  38. 38.Aarav’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 reinvested?
  39. 39.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. reinvesting
  2. saving
  3. 800
  4. 420
  5. 30
  6. more seeds for next time
  7. saving
  8. 400
  9. the cost of borrowing
  10. an emergency fund
  11. 72
  12. 140
  13. saving
  14. putting profit back in
  15. spending
  16. for bad days and goals
  17. sweets for yourself
  18. 108
  19. 336
  20. 306
  21. 80
  22. 3
  23. a new video game
  24. 721
  25. better paint for cards
  26. can I pay it back?
  27. 1089
  28. 963
  29. reinvesting
  30. 1040
  31. 60
  32. 40
  33. reinvesting
  34. 650
  35. 121
  36. 18
  37. profit put in a bank
  38. 300
  39. 1100
  40. 460

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