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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 286 · 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 ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  3. 3.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
  4. 4.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  6. 6.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  8. 8.Ananya’s stall made a profit of ₹1400. Ananya saves 25% of it. How many rupees are saved?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  11. 11.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  12. 12.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  16. 16.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  18. 18.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  19. 19.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  20. 20.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Gurpreet’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Nisha’s stall made a profit of ₹1300. Nisha saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) an emergency fund
  26. 26.Vihaan’s stall made a profit of ₹1600. Vihaan saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Joseph’s stall made a profit of ₹1600. 10% 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 ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Nisha’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Saanvi’s stall made a profit of ₹1200. Saanvi saves 25% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a new video game (d) a cinema ticket
  33. 33.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  38. 38.Joseph’s stall made a profit of ₹1000. Joseph saves 10% of it. How many rupees are saved?
  39. 39.Joseph’s stall made a profit of ₹200. Joseph saves 50% of it. How many rupees are saved?
  40. 40.Kavya’s stall made a profit of ₹1100. Kavya saves 10% of it. How many rupees are saved?

Answer key

  1. 20
  2. reinvesting
  3. profit put in a bank
  4. 162
  5. saving
  6. a piggy bank for later
  7. saving
  8. 350
  9. putting profit back in
  10. to keep trust
  11. for bad days and goals
  12. a cinema ticket
  13. spending
  14. saving
  15. spending
  16. the cost of borrowing
  17. reinvesting
  18. buying a second juicer
  19. can I pay it back?
  20. 1020
  21. 108
  22. 280
  23. 650
  24. 4
  25. a new video game
  26. 800
  27. 300
  28. 800
  29. 726
  30. 1200
  31. 300
  32. better paint for cards
  33. 54
  34. 3
  35. 80
  36. 48
  37. reinvesting
  38. 100
  39. 100
  40. 110

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