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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 968 · 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.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  3. 3.Tara’s stall made a profit of ₹2000. Tara saves 50% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  5. 5.Arjun’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  7. 7.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) profit put in a bank
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  9. 9.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 25% of it. How many rupees are saved?
  10. 10.Ishaan’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  14. 14.Saanvi’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  16. 16.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Riya’s stall made a profit of ₹1300. Riya saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  21. 21.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  23. 23.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  26. 26.Kavya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  29. 29.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Vihaan’s stall made a profit of ₹1700. Vihaan saves 20% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  32. 32.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  33. 33.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (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.Arjun’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a new video game
  39. 39.Dev’s stall made a profit of ₹1800. Dev saves 50% of it. How many rupees are saved?
  40. 40.Kavya’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. to keep trust
  2. reinvesting
  3. 1000
  4. an emergency fund
  5. 600
  6. can I pay it back?
  7. a new video game
  8. sweets for yourself
  9. 175
  10. 850
  11. the cost of borrowing
  12. spending
  13. reinvesting
  14. 260
  15. saving
  16. 36
  17. 650
  18. 1150
  19. spending
  20. putting profit back in
  21. 112
  22. a piggy bank for later
  23. 162
  24. for bad days and goals
  25. reinvesting
  26. 360
  27. 1062
  28. profit put in a bank
  29. 104
  30. 340
  31. a cinema ticket
  32. better paint for cards
  33. 103
  34. 4
  35. 950
  36. 135
  37. 321
  38. buying a second juicer
  39. 900
  40. 480

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