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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 414 · 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) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  2. 2.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  4. 4.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  5. 5.Lakshmi’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 spent?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  7. 7.Arjun’s stall made a profit of ₹1900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.💡 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?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  10. 10.Rohan’s stall made a profit of ₹400. Rohan saves 50% of it. How many rupees are saved?
  11. 11.Ishaan’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) better paint for cards
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  16. 16.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  20. 20.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 25% of it. How many rupees are saved?
  22. 22.Riya’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) a new video game
  24. 24.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  26. 26.Tara’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 spent?
  27. 27.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  28. 28.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  29. 29.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Kabir’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
  32. 32.Diya’s stall made a profit of ₹1900. Diya saves 50% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) more seeds for next time
  34. 34.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  36. 36.Saanvi’s stall made a profit of ₹1200. Saanvi saves 10% of it. How many rupees are saved?
  37. 37.Ishaan’s stall made a profit of ₹200. Ishaan saves 20% of it. How many rupees are saved?
  38. 38.Ishaan’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Zoya’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 reinvested?

Answer key

  1. more seeds for next time
  2. 35
  3. saving
  4. to keep trust
  5. 80
  6. reinvesting
  7. 665
  8. can I pay it back?
  9. reinvesting
  10. 200
  11. 825
  12. a cinema ticket
  13. saving
  14. a new video game
  15. spending
  16. 144
  17. saving
  18. sweets for yourself
  19. reinvesting
  20. 208
  21. 350
  22. 150
  23. buying a second juicer
  24. 24
  25. 950
  26. 1140
  27. the cost of borrowing
  28. putting profit back in
  29. 30
  30. 960
  31. 200
  32. 950
  33. an emergency fund
  34. 18
  35. a piggy bank for later
  36. 120
  37. 40
  38. 300
  39. 36
  40. 450

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