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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 367 · 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.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  2. 2.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  5. 5.Ishaan’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) a new video game
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  8. 8.Nisha’s stall made a profit of ₹1300. Nisha saves 25% of it. How many rupees are saved?
  9. 9.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  10. 10.Aarav’s stall made a profit of ₹1600. Aarav saves 50% of it. How many rupees are saved?
  11. 11.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 25% of it. How many rupees are saved?
  12. 12.Aarav’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  14. 14.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Lakshmi’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  17. 17.Saanvi’s stall made a profit of ₹1800. Saanvi saves 10% of it. How many rupees are saved?
  18. 18.Ishaan’s stall made a profit of ₹2000. Ishaan saves 10% of it. How many rupees are saved?
  19. 19.Which of these is saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) sweets for yourself
  20. 20.Dev’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  22. 22.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  26. 26.Vihaan’s stall made a profit of ₹1300. Vihaan saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  29. 29.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  31. 31.Kavya’s stall made a profit of ₹1000. Kavya saves 50% of it. How many rupees are saved?
  32. 32.Dev’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Lakshmi’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) a cinema ticket
  36. 36.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  38. 38.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  39. 39.Vihaan’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting

Answer key

  1. an emergency fund
  2. 45
  3. the cost of borrowing
  4. spending
  5. 570
  6. buying a second juicer
  7. saving
  8. 325
  9. to keep trust
  10. 800
  11. 375
  12. 240
  13. putting profit back in
  14. 1070
  15. 585
  16. for bad days and goals
  17. 180
  18. 200
  19. profit put in a bank
  20. 200
  21. more seeds for next time
  22. 160
  23. 90
  24. 18
  25. can I pay it back?
  26. 325
  27. 992
  28. reinvesting
  29. a new video game
  30. saving
  31. 500
  32. 280
  33. 380
  34. 954
  35. a piggy bank for later
  36. 910
  37. saving
  38. spending
  39. 200
  40. spending

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