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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 288 · 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.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  2. 2.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  4. 4.Ananya’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  8. 8.Meera’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Lakshmi’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Kavya’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  17. 17.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  18. 18.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  19. 19.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  21. 21.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  22. 22.💡 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
  23. 23.Diya’s stall made a profit of ₹1300. Diya saves 20% of it. How many rupees are saved?
  24. 24.Dev’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Farhan’s stall made a profit of ₹1800. Farhan saves 25% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) better paint for cards
  27. 27.Kabir’s stall made a profit of ₹1900. Kabir saves 20% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) a new video game
  29. 29.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Diya’s stall made a profit of ₹1500. Diya saves 50% of it. How many rupees are saved?
  31. 31.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 20% of it. How many rupees are saved?
  32. 32.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?
  33. 33.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  35. 35.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  36. 36.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Saanvi’s stall made a profit of ₹1900. Saanvi saves 25% of it. How many rupees are saved?
  38. 38.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 ₹)?
  39. 39.Ananya’s stall made a profit of ₹1100. Ananya saves 50% of it. How many rupees are saved?
  40. 40.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends

Answer key

  1. putting profit back in
  2. the cost of borrowing
  3. reinvesting
  4. 200
  5. 412
  6. spending
  7. spending
  8. 200
  9. 63
  10. 168
  11. 120
  12. 270
  13. 16
  14. 660
  15. saving
  16. saving
  17. for bad days and goals
  18. a piggy bank for later
  19. 520
  20. reinvesting
  21. better paint for cards
  22. can I pay it back?
  23. 260
  24. 270
  25. 450
  26. a new video game
  27. 380
  28. profit put in a bank
  29. 140
  30. 750
  31. 260
  32. 200
  33. 250
  34. saving
  35. buying a second juicer
  36. 63
  37. 475
  38. 560
  39. 550
  40. to keep trust

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