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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 60 · 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.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  2. 2.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 ₹)?
  3. 3.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  8. 8.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  9. 9.Zoya’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  11. 11.Joseph’s stall made a profit of ₹200. Joseph saves 25% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  13. 13.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  15. 15.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) a new video game
  16. 16.Zoya’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Diya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  19. 19.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Saanvi’s stall made a profit of ₹300. Saanvi saves 20% of it. How many rupees are saved?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  23. 23.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) a new video game
  24. 24.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  27. 27.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  30. 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Riya’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 spent?
  35. 35.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  38. 38.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  39. 39.Ananya’s stall made a profit of ₹2000. Ananya saves 20% of it. How many rupees are saved?
  40. 40.Joseph’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. the cost of borrowing
  2. 306
  3. 180
  4. saving
  5. reinvesting
  6. a cinema ticket
  7. better paint for cards
  8. profit put in a bank
  9. 240
  10. saving
  11. 50
  12. more seeds for next time
  13. putting profit back in
  14. spending
  15. buying a second juicer
  16. 360
  17. 360
  18. saving
  19. 210
  20. 45
  21. 60
  22. can I pay it back?
  23. a new video game
  24. 350
  25. 327
  26. for bad days and goals
  27. 1180
  28. 20
  29. sweets for yourself
  30. 6
  31. 2
  32. 110
  33. 912
  34. 585
  35. 16
  36. 545
  37. reinvesting
  38. a piggy bank for later
  39. 400
  40. 100

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