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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 921 · 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) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  2. 2.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  3. 3.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) more seeds for next time
  6. 6.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) buying a second juicer
  7. 7.Diya’s stall made a profit of ₹600. Diya saves 50% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  9. 9.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Ishaan’s stall made a profit of ₹1700. Ishaan saves 20% of it. How many rupees are saved?
  11. 11.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 ₹)?
  12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  13. 13.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 50% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a new video game
  18. 18.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Kabir’s stall made a profit of ₹800. Kabir saves 25% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  22. 22.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  24. 24.Lakshmi’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  27. 27.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  28. 28.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  31. 31.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Kavya’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  36. 36.Nisha’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  38. 38.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  39. 39.Ishaan’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Meera’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. an emergency fund
  2. the cost of borrowing
  3. 24
  4. to keep trust
  5. a new video game
  6. a piggy bank for later
  7. 300
  8. spending
  9. 12
  10. 340
  11. 1090
  12. better paint for cards
  13. 850
  14. 15
  15. 260
  16. 10
  17. profit put in a bank
  18. 605
  19. 1210
  20. 200
  21. saving
  22. can I pay it back?
  23. saving
  24. 800
  25. 192
  26. saving
  27. buying a second juicer
  28. 96
  29. putting profit back in
  30. reinvesting
  31. 945
  32. 560
  33. 24
  34. 48
  35. reinvesting
  36. 420
  37. spending
  38. for bad days and goals
  39. 720
  40. 200

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