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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 852 · 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 ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  3. 3.Vihaan’s stall made a profit of ₹1900. Vihaan saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  5. 5.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  6. 6.Arjun’s stall made a profit of ₹1300. Arjun saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Joseph’s stall made a profit of ₹1800. Joseph saves 25% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) a cinema ticket (b) a new video game (c) sweets for yourself (d) a piggy bank for later
  10. 10.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) buying a second juicer
  12. 12.🐷 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
  13. 13.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  14. 14.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 20% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  18. 18.Riya’s stall made a profit of ₹1400. Riya saves 50% of it. How many rupees are saved?
  19. 19.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  20. 20.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 ₹)?
  21. 21.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) buying a second juicer
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.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 ₹)?
  27. 27.Saanvi’s stall made a profit of ₹1000. Saanvi saves 50% of it. How many rupees are saved?
  28. 28.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  29. 29.Farhan’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 25% of it. How many rupees are saved?
  31. 31.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
  32. 32.Kabir’s stall made a profit of ₹800. Kabir saves 10% of it. How many rupees are saved?
  33. 33.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  36. 36.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  37. 37.Joseph’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Meera’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Diya’s stall made a profit of ₹1200. Diya saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving

Answer key

  1. 424
  2. buying a second juicer
  3. 950
  4. saving
  5. the cost of borrowing
  6. 650
  7. 848
  8. 450
  9. a piggy bank for later
  10. 18
  11. profit put in a bank
  12. for bad days and goals
  13. spending
  14. 60
  15. 728
  16. 240
  17. spending
  18. 700
  19. putting profit back in
  20. 1090
  21. an emergency fund
  22. 36
  23. spending
  24. saving
  25. 63
  26. 240
  27. 500
  28. can I pay it back?
  29. 500
  30. 500
  31. 260
  32. 80
  33. to keep trust
  34. saving
  35. reinvesting
  36. more seeds for next time
  37. 100
  38. 300
  39. 240
  40. reinvesting

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