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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 929 · 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 spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  7. 7.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Kavya’s stall made a profit of ₹600. Kavya saves 10% of it. How many rupees are saved?
  9. 9.Ananya’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 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
  11. 11.Meera’s stall made a profit of ₹700. Meera saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.Meera’s stall made a profit of ₹1400. Meera saves 50% of it. How many rupees are saved?
  14. 14.Kavya’s stall made a profit of ₹900. Kavya saves 50% of it. How many rupees are saved?
  15. 15.Rohan’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Farhan’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) buying a second juicer
  18. 18.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) a cinema ticket
  19. 19.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  20. 20.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  22. 22.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a new video game (d) profit put in a bank
  24. 24.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  25. 25.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) more seeds for next time
  27. 27.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  29. 29.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  30. 30.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 ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) more seeds for next time
  35. 35.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  38. 38.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹900. Ishaan saves 50% of it. How many rupees are saved?
  40. 40.Meera’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. sweets for yourself
  2. reinvesting
  3. spending
  4. saving
  5. 981
  6. reinvesting
  7. 990
  8. 60
  9. 600
  10. for bad days and goals
  11. 175
  12. 4
  13. 700
  14. 450
  15. 400
  16. 150
  17. a new video game
  18. more seeds for next time
  19. putting profit back in
  20. to keep trust
  21. reinvesting
  22. 14
  23. profit put in a bank
  24. a cinema ticket
  25. 6
  26. a piggy bank for later
  27. the cost of borrowing
  28. saving
  29. can I pay it back?
  30. 618
  31. 144
  32. 324
  33. 36
  34. an emergency fund
  35. 36
  36. 40
  37. saving
  38. 660
  39. 450
  40. 250

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