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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 720 · 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: profit put in a bank? (a) saving (b) spending (c) reinvesting
  2. 2.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  3. 3.Arjun’s stall made a profit of ₹600. Arjun saves 20% of it. How many rupees are saved?
  4. 4.Kabir’s stall made a profit of ₹1100. Kabir saves 20% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  6. 6.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Vihaan’s stall made a profit of ₹1900. Vihaan saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  9. 9.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Lakshmi’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 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
  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 2 years (in ₹)?
  14. 14.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Riya’s stall made a profit of ₹1600. Riya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  23. 23.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  26. 26.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  27. 27.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 50% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  29. 29.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  30. 30.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Arjun’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  33. 33.Ananya’s stall made a profit of ₹2000. Ananya saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  36. 36.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is saving? (a) a new video game (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  38. 38.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a new video game
  39. 39.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) sweets for yourself
  40. 40.Zoya’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. saving
  2. putting profit back in
  3. 120
  4. 220
  5. better paint for cards
  6. 110
  7. 380
  8. saving
  9. 1089
  10. 780
  11. 112
  12. for bad days and goals
  13. 416
  14. 456
  15. 27
  16. can I pay it back?
  17. saving
  18. 12
  19. 400
  20. 864
  21. 309
  22. more seeds for next time
  23. 756
  24. spending
  25. spending
  26. 50
  27. 350
  28. an emergency fund
  29. the cost of borrowing
  30. 910
  31. 800
  32. 40
  33. 1000
  34. 36
  35. to keep trust
  36. 45
  37. a piggy bank for later
  38. a new video game
  39. profit put in a bank
  40. 825

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