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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 728 · 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.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
  2. 2.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  3. 3.Saanvi’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 spent?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  5. 5.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  8. 8.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  13. 13.🐷 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
  14. 14.Tara’s stall made a profit of ₹1400. Tara saves 10% of it. How many rupees are saved?
  15. 15.Ishaan’s stall made a profit of ₹400. Ishaan saves 50% of it. How many rupees are saved?
  16. 16.Kabir’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 25% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  19. 19.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  20. 20.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) an emergency fund (d) better paint for cards
  23. 23.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Joseph’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Diya’s stall made a profit of ₹500. Diya saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  31. 31.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) a new video game
  33. 33.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Farhan’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  38. 38.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) better paint for cards
  39. 39.Meera’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. buying a second juicer
  2. putting profit back in
  3. 560
  4. reinvesting
  5. 42
  6. sweets for yourself
  7. to keep trust
  8. 600
  9. can I pay it back?
  10. saving
  11. 54
  12. spending
  13. for bad days and goals
  14. 140
  15. 200
  16. 300
  17. 150
  18. reinvesting
  19. saving
  20. 12
  21. 832
  22. better paint for cards
  23. 180
  24. 140
  25. 50
  26. 14
  27. 18
  28. 560
  29. 575
  30. reinvesting
  31. 420
  32. more seeds for next time
  33. 1170
  34. 63
  35. 60
  36. 236
  37. spending
  38. a new video game
  39. 390
  40. 6

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