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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 7 · 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.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  2. 2.Nisha’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  4. 4.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  7. 7.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) a new video game
  8. 8.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  13. 13.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  14. 14.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  16. 16.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Riya’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  22. 22.Saanvi’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?
  23. 23.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  26. 26.Zoya’s stall made a profit of ₹1600. Zoya saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  29. 29.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) a cinema ticket
  30. 30.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Kavya’s stall made a profit of ₹1700. Kavya saves 20% of it. How many rupees are saved?
  32. 32.Gurpreet’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Vihaan’s stall made a profit of ₹300. Vihaan saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Rohan’s stall made a profit of ₹500. Rohan saves 10% of it. How many rupees are saved?
  36. 36.Nisha’s stall made a profit of ₹500. Nisha saves 50% of it. How many rupees are saved?
  37. 37.Farhan’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Ananya’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Saanvi’s stall made a profit of ₹1600. Saanvi saves 25% of it. How many rupees are saved?

Answer key

  1. can I pay it back?
  2. 225
  3. spending
  4. 624
  5. putting profit back in
  6. saving
  7. more seeds for next time
  8. 15
  9. 60
  10. 14
  11. saving
  12. reinvesting
  13. profit put in a bank
  14. better paint for cards
  15. to keep trust
  16. 40
  17. 135
  18. 500
  19. a new video game
  20. saving
  21. reinvesting
  22. 300
  23. 224
  24. 40
  25. the cost of borrowing
  26. 800
  27. 36
  28. for bad days and goals
  29. buying a second juicer
  30. 968
  31. 340
  32. 90
  33. 150
  34. 106
  35. 50
  36. 250
  37. 800
  38. 640
  39. 28
  40. 400

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