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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 83 · 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: sweets for yourself? (a) saving (b) reinvesting (c) spending
  2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) more seeds for next time
  3. 3.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  5. 5.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a new video game (d) buying a second juicer
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  8. 8.Zoya’s stall made a profit of ₹200. Zoya saves 20% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  10. 10.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  13. 13.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  14. 14.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  15. 15.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  18. 18.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Ananya’s stall made a profit of ₹1300. Ananya saves 50% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  24. 24.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  25. 25.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Ishaan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.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 ₹)?
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.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 ₹)?
  34. 34.Kavya’s stall made a profit of ₹2000. Kavya saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Tara’s stall made a profit of ₹800. Tara saves 10% of it. How many rupees are saved?
  38. 38.Ishaan’s stall made a profit of ₹600. Ishaan saves 25% of it. How many rupees are saved?
  39. 39.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. spending
  2. a new video game
  3. putting profit back in
  4. spending
  5. 550
  6. buying a second juicer
  7. can I pay it back?
  8. 40
  9. reinvesting
  10. the cost of borrowing
  11. saving
  12. reinvesting
  13. 190
  14. for bad days and goals
  15. 206
  16. 372
  17. profit put in a bank
  18. 1026
  19. 96
  20. 650
  21. 630
  22. 27
  23. a cinema ticket
  24. a piggy bank for later
  25. 728
  26. 16
  27. 318
  28. 120
  29. 309
  30. reinvesting
  31. saving
  32. 30
  33. 744
  34. 400
  35. 126
  36. 248
  37. 80
  38. 150
  39. 640
  40. 24

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