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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 853 · 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 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  3. 3.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) sweets for yourself
  4. 4.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Diya’s stall made a profit of ₹1000. Diya saves 25% of it. How many rupees are saved?
  6. 6.🐷 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
  7. 7.Kabir’s stall made a profit of ₹400. Kabir saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  11. 11.Ananya’s stall made a profit of ₹500. Ananya saves 20% of it. How many rupees are saved?
  12. 12.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  13. 13.Riya’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  15. 15.Which of these is saving? (a) a new video game (b) sweets for yourself (c) a cinema ticket (d) a piggy bank for later
  16. 16.Nisha’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  18. 18.Meera’s stall made a profit of ₹700. Meera saves 25% of it. How many rupees are saved?
  19. 19.Tara’s stall made a profit of ₹1200. Tara saves 20% of it. How many rupees are saved?
  20. 20.Lakshmi’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 20% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  23. 23.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Ishaan’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Tara’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  28. 28.Aarav’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.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 ₹)?
  30. 30.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Aarav’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Vihaan’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?
  34. 34.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  36. 36.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 cinema ticket
  37. 37.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  39. 39.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  40. 40.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 654
  2. can I pay it back?
  3. more seeds for next time
  4. 8
  5. 250
  6. for bad days and goals
  7. 80
  8. reinvesting
  9. reinvesting
  10. to keep trust
  11. 100
  12. 90
  13. 380
  14. saving
  15. a piggy bank for later
  16. 320
  17. saving
  18. 175
  19. 240
  20. 700
  21. 300
  22. spending
  23. 12
  24. 50
  25. 330
  26. 120
  27. spending
  28. 150
  29. 728
  30. 963
  31. 180
  32. 120
  33. 220
  34. 250
  35. profit put in a bank
  36. a cinema ticket
  37. 50
  38. spending
  39. the cost of borrowing
  40. 21

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