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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 586 · 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.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  3. 3.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  5. 5.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  6. 6.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  7. 7.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  10. 10.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  15. 15.Tara’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  17. 17.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
  19. 19.Diya’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  22. 22.Nisha’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 reinvested?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  24. 24.Aarav’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  26. 26.Lakshmi’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?
  27. 27.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  29. 29.Zoya’s stall made a profit of ₹1600. Zoya saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Rohan’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 spent?
  32. 32.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Ishaan’s stall made a profit of ₹1000. Ishaan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Tara’s stall made a profit of ₹400. Tara saves 10% of it. How many rupees are saved?
  37. 37.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  38. 38.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. spending
  2. spending
  3. a new video game
  4. a cinema ticket
  5. putting profit back in
  6. the cost of borrowing
  7. 98
  8. 224
  9. saving
  10. 30
  11. talk to parents
  12. reinvesting
  13. 408
  14. buying a second juicer
  15. 600
  16. sweets for yourself
  17. 40
  18. 120
  19. 800
  20. 90
  21. spending
  22. 390
  23. saving
  24. 400
  25. saving
  26. 380
  27. 72
  28. reinvesting
  29. 400
  30. 24
  31. 1140
  32. 726
  33. 250
  34. 42
  35. 45
  36. 40
  37. to keep trust
  38. 42
  39. 63
  40. 90

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