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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 392 · 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 reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) buying a second juicer
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) an emergency fund
  3. 3.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
  4. 4.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  9. 9.Kabir’s stall made a profit of ₹500. Kabir saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Meera’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  14. 14.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  18. 18.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  19. 19.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) an emergency fund (d) profit put in a bank
  21. 21.Zoya’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  26. 26.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Riya’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  32. 32.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  33. 33.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  37. 37.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Riya’s stall made a profit of ₹1800. Riya saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. buying a second juicer
  2. a new video game
  3. profit put in a bank
  4. 480
  5. 104
  6. the cost of borrowing
  7. more seeds for next time
  8. spending
  9. 125
  10. 472
  11. 12
  12. 80
  13. for bad days and goals
  14. putting profit back in
  15. spending
  16. 708
  17. reinvesting
  18. can I pay it back?
  19. 540
  20. better paint for cards
  21. 900
  22. 742
  23. 6
  24. 216
  25. reinvesting
  26. 124
  27. 35
  28. 360
  29. 500
  30. 112
  31. saving
  32. reinvesting
  33. 480
  34. 18
  35. to keep trust
  36. a cinema ticket
  37. 212
  38. 15
  39. 900
  40. 28

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