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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 835 · 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.Aarav’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?
  2. 2.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  3. 3.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) a new video game
  4. 4.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) a new video game (d) better paint for cards
  5. 5.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Meera’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 reinvested?
  7. 7.Rohan’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  9. 9.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) a cinema ticket
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  13. 13.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) a new video game
  16. 16.💡 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?
  17. 17.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
  18. 18.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Ananya’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  21. 21.Joseph’s stall made a profit of ₹200. Joseph saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  23. 23.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  24. 24.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  26. 26.Ananya’s stall made a profit of ₹900. Ananya saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  31. 31.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  34. 34.Nisha’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  38. 38.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Lakshmi’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 780
  2. the cost of borrowing
  3. an emergency fund
  4. better paint for cards
  5. 54
  6. 420
  7. 220
  8. spending
  9. buying a second juicer
  10. to keep trust
  11. spending
  12. reinvesting
  13. 354
  14. 240
  15. a new video game
  16. can I pay it back?
  17. a piggy bank for later
  18. 690
  19. 400
  20. 125
  21. 100
  22. reinvesting
  23. 50
  24. putting profit back in
  25. spending
  26. 450
  27. 25
  28. 30
  29. 14
  30. reinvesting
  31. 32
  32. 30
  33. more seeds for next time
  34. 950
  35. 336
  36. 4
  37. a cinema ticket
  38. 36
  39. 1140
  40. 5

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