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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 362 · 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.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  2. 2.Farhan’s stall made a profit of ₹1800. Farhan saves 20% of it. How many rupees are saved?
  3. 3.Nisha’s stall made a profit of ₹300. Nisha saves 10% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  5. 5.Farhan’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Ananya’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  10. 10.Ananya’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Dev’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  13. 13.Joseph’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Ishaan’s stall made a profit of ₹1400. Ishaan saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Nisha’s stall made a profit of ₹1900. Nisha saves 20% of it. How many rupees are saved?
  18. 18.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) an emergency fund (d) more seeds for next time
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  22. 22.Ananya’s stall made a profit of ₹1000. Ananya saves 25% of it. How many rupees are saved?
  23. 23.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) sweets for yourself
  26. 26.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  27. 27.Lakshmi’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Rohan’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?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  30. 30.Riya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  35. 35.Kavya’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Riya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. to keep trust
  2. 360
  3. 30
  4. saving
  5. 880
  6. 756
  7. 42
  8. 180
  9. the cost of borrowing
  10. 400
  11. 400
  12. for bad days and goals
  13. 400
  14. 140
  15. 32
  16. 424
  17. 380
  18. a new video game
  19. reinvesting
  20. can I pay it back?
  21. saving
  22. 250
  23. 60
  24. 348
  25. buying a second juicer
  26. spending
  27. 350
  28. 200
  29. reinvesting
  30. 855
  31. 12
  32. 48
  33. spending
  34. reinvesting
  35. 1120
  36. an emergency fund
  37. 742
  38. 100
  39. 214
  40. 144

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