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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 817 · 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.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  4. 4.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  5. 5.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  6. 6.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  8. 8.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  9. 9.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  11. 11.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 50% of it. How many rupees are saved?
  13. 13.Nisha’s stall made a profit of ₹1400. Nisha saves 50% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Tara’s stall made a profit of ₹700. Tara saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  17. 17.Kavya’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Nisha’s stall made a profit of ₹1800. Nisha saves 25% of it. How many rupees are saved?
  19. 19.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  20. 20.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  23. 23.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Aarav’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Saanvi’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Joseph’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
  28. 28.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) more seeds for next time (d) a new video game
  34. 34.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  38. 38.Rohan’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.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 ₹)?

Answer key

  1. 90
  2. a piggy bank for later
  3. buying a second juicer
  4. the cost of borrowing
  5. to keep trust
  6. 545
  7. saving
  8. profit put in a bank
  9. for bad days and goals
  10. reinvesting
  11. 30
  12. 850
  13. 700
  14. 220
  15. 350
  16. spending
  17. 100
  18. 450
  19. putting profit back in
  20. 260
  21. reinvesting
  22. can I pay it back?
  23. 20
  24. 630
  25. 120
  26. 700
  27. sweets for yourself
  28. 425
  29. 580
  30. 448
  31. 35
  32. 24
  33. a new video game
  34. 60
  35. 125
  36. 1143
  37. spending
  38. 540
  39. 744
  40. 327

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