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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 550 · 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) to lose friends (c) it does not matter (d) to keep trust
  2. 2.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  3. 3.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.Kabir’s stall made a profit of ₹900. Kabir saves 10% of it. How many rupees are saved?
  6. 6.💡 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?
  7. 7.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a new video game (d) buying a second juicer
  9. 9.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) sweets for yourself
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  13. 13.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.🐷 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
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Joseph’s stall made a profit of ₹700. Joseph saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  20. 20.Meera’s stall made a profit of ₹1200. Meera saves 20% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  24. 24.Joseph’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) more seeds for next time
  26. 26.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Meera’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Arjun’s stall made a profit of ₹1900. Arjun saves 20% of it. How many rupees are saved?
  29. 29.Zoya’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Vihaan’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 reinvested?
  31. 31.Dev’s stall made a profit of ₹1500. Dev saves 25% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) a new video game
  33. 33.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 ₹)?
  34. 34.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  35. 35.Rohan’s stall made a profit of ₹1600. Rohan saves 50% of it. How many rupees are saved?
  36. 36.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  37. 37.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Riya’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Riya’s stall made a profit of ₹700. Riya saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. to keep trust
  2. a piggy bank for later
  3. 1150
  4. 1143
  5. 90
  6. can I pay it back?
  7. 80
  8. buying a second juicer
  9. more seeds for next time
  10. spending
  11. 550
  12. profit put in a bank
  13. 120
  14. for bad days and goals
  15. reinvesting
  16. 780
  17. 175
  18. 848
  19. saving
  20. 240
  21. spending
  22. 336
  23. saving
  24. 160
  25. a new video game
  26. 25
  27. 90
  28. 380
  29. 800
  30. 400
  31. 375
  32. better paint for cards
  33. 954
  34. a cinema ticket
  35. 800
  36. putting profit back in
  37. 180
  38. 380
  39. 70
  40. 36

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