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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 278 · 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: more seeds for next time? (a) reinvesting (b) spending (c) saving
  2. 2.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  3. 3.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  5. 5.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  6. 6.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
  7. 7.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  8. 8.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.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 reinvested?
  10. 10.Nisha’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Meera’s stall made a profit of ₹900. Meera saves 20% of it. How many rupees are saved?
  12. 12.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  13. 13.Zoya’s stall made a profit of ₹400. Zoya saves 50% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  17. 17.Meera’s stall made a profit of ₹1000. Meera saves 10% of it. How many rupees are saved?
  18. 18.Rohan’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 spent?
  19. 19.Kavya’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Farhan’s stall made a profit of ₹1800. Farhan saves 50% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  24. 24.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  25. 25.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) a new video game
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  28. 28.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  29. 29.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Rohan’s stall made a profit of ₹1200. Rohan saves 50% of it. How many rupees are saved?
  31. 31.Zoya’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Kavya’s stall made a profit of ₹200. Kavya saves 50% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Diya’s stall made a profit of ₹2000. Diya saves 25% of it. How many rupees are saved?
  35. 35.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. reinvesting
  2. can I pay it back?
  3. 1160
  4. spending
  5. better paint for cards
  6. 100
  7. a cinema ticket
  8. 30
  9. 260
  10. 120
  11. 180
  12. 50
  13. 200
  14. 36
  15. profit put in a bank
  16. sweets for yourself
  17. 100
  18. 605
  19. 750
  20. 115
  21. 900
  22. 515
  23. more seeds for next time
  24. a piggy bank for later
  25. the cost of borrowing
  26. a new video game
  27. spending
  28. putting profit back in
  29. 56
  30. 600
  31. 300
  32. 100
  33. 525
  34. 500
  35. to keep trust
  36. saving
  37. 24
  38. 968
  39. 100
  40. 124

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