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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 502 · 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 ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  4. 4.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  7. 7.Gurpreet’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Meera’s stall made a profit of ₹700. Meera saves 50% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) a new video game
  10. 10.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
  11. 11.Lakshmi’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  13. 13.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  14. 14.Zoya’s stall made a profit of ₹1300. Zoya saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  17. 17.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.Nisha’s stall made a profit of ₹1600. Nisha saves 20% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  22. 22.Tara’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  25. 25.💡 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?
  26. 26.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.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 ₹)?
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  31. 31.Lakshmi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a new video game
  33. 33.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Tara’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Rohan’s stall made a profit of ₹500. Rohan saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Arjun’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 15
  2. to keep trust
  3. reinvesting
  4. more seeds for next time
  5. saving
  6. spending
  7. 330
  8. 350
  9. a new video game
  10. buying a second juicer
  11. 540
  12. the cost of borrowing
  13. for bad days and goals
  14. 650
  15. 306
  16. putting profit back in
  17. 20
  18. 412
  19. 320
  20. spending
  21. saving
  22. 630
  23. sweets for yourself
  24. saving
  25. can I pay it back?
  26. 30
  27. 24
  28. 348
  29. reinvesting
  30. reinvesting
  31. 440
  32. an emergency fund
  33. 108
  34. 30
  35. 120
  36. 280
  37. 20
  38. 50
  39. 372
  40. 950

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