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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 848 · 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 saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  2. 2.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  5. 5.Meera’s stall made a profit of ₹1700. Meera saves 50% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  10. 10.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  12. 12.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Aarav’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Diya’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 spent?
  15. 15.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  16. 16.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  17. 17.Joseph’s stall made a profit of ₹1000. Joseph saves 10% of it. How many rupees are saved?
  18. 18.Tara’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Riya’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  21. 21.Ishaan’s stall made a profit of ₹1500. Ishaan saves 25% of it. How many rupees are saved?
  22. 22.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 ₹)?
  23. 23.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  25. 25.Kabir’s stall made a profit of ₹1500. Kabir saves 10% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  27. 27.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 25% of it. How many rupees are saved?
  29. 29.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  30. 30.Ishaan’s stall made a profit of ₹200. Ishaan saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.Aarav’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  36. 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Kavya’s stall made a profit of ₹1000. Kavya saves 20% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  40. 40.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. profit put in a bank
  2. 20
  3. 108
  4. to keep trust
  5. 850
  6. 1090
  7. spending
  8. 18
  9. putting profit back in
  10. can I pay it back?
  11. saving
  12. 18
  13. 440
  14. 165
  15. a piggy bank for later
  16. sweets for yourself
  17. 100
  18. 240
  19. 440
  20. spending
  21. 375
  22. 560
  23. 618
  24. spending
  25. 150
  26. a new video game
  27. 8
  28. 225
  29. for bad days and goals
  30. 20
  31. 24
  32. 700
  33. 896
  34. 4
  35. the cost of borrowing
  36. 28
  37. 636
  38. 200
  39. saving
  40. 204

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