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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 354 · 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 ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  4. 4.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  5. 5.Vihaan’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Dev’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  8. 8.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) a new video game (d) more seeds for next time
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  12. 12.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  14. 14.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  15. 15.Riya’s stall made a profit of ₹1800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Zoya’s stall made a profit of ₹1900. Zoya saves 50% of it. How many rupees are saved?
  21. 21.Joseph’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 10% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) buying a second juicer
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  27. 27.Aarav’s stall made a profit of ₹400. Aarav saves 25% of it. How many rupees are saved?
  28. 28.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  29. 29.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Dev’s stall made a profit of ₹300. Dev saves 50% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Kavya’s stall made a profit of ₹900. Kavya saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Ananya’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Joseph’s stall made a profit of ₹900. Joseph saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  39. 39.Nisha’s stall made a profit of ₹1500. Nisha saves 50% of it. How many rupees are saved?
  40. 40.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time

Answer key

  1. 103
  2. 40
  3. better paint for cards
  4. 60
  5. 750
  6. 1020
  7. the cost of borrowing
  8. 48
  9. profit put in a bank
  10. saving
  11. spending
  12. can I pay it back?
  13. reinvesting
  14. putting profit back in
  15. 540
  16. for bad days and goals
  17. spending
  18. reinvesting
  19. 192
  20. 950
  21. 480
  22. 60
  23. an emergency fund
  24. saving
  25. 60
  26. a cinema ticket
  27. 100
  28. to keep trust
  29. 49
  30. 150
  31. reinvesting
  32. 54
  33. 106
  34. 90
  35. 27
  36. 240
  37. 90
  38. spending
  39. 750
  40. more seeds for next time

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