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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 975 · 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.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  2. 2.Tara’s stall made a profit of ₹200. Tara saves 50% of it. How many rupees are saved?
  3. 3.Dev’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Joseph’s stall made a profit of ₹500. Joseph saves 10% of it. How many rupees are saved?
  5. 5.Dev’s stall made a profit of ₹1700. Dev saves 10% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  8. 8.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) better paint for cards
  9. 9.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  10. 10.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) a piggy bank for later (d) sweets for yourself
  12. 12.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  14. 14.Kabir’s stall made a profit of ₹1200. Kabir saves 50% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  16. 16.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  17. 17.Dev’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  19. 19.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  22. 22.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  23. 23.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  24. 24.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Zoya’s stall made a profit of ₹1500. Zoya saves 50% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  30. 30.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  33. 33.Nisha’s stall made a profit of ₹500. Nisha saves 25% of it. How many rupees are saved?
  34. 34.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 10% of it. How many rupees are saved?
  35. 35.Kavya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Kabir’s stall made a profit of ₹200. Kabir saves 50% of it. How many rupees are saved?
  38. 38.Diya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Joseph’s stall made a profit of ₹1700. Joseph saves 20% of it. How many rupees are saved?
  40. 40.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a cinema ticket

Answer key

  1. the cost of borrowing
  2. 100
  3. 680
  4. 50
  5. 170
  6. 140
  7. reinvesting
  8. an emergency fund
  9. putting profit back in
  10. 106
  11. sweets for yourself
  12. 189
  13. saving
  14. 600
  15. saving
  16. a piggy bank for later
  17. 480
  18. can I pay it back?
  19. 1100
  20. 6
  21. more seeds for next time
  22. to keep trust
  23. for bad days and goals
  24. 64
  25. 1160
  26. 3
  27. 400
  28. 750
  29. a new video game
  30. 40
  31. 968
  32. reinvesting
  33. 125
  34. 90
  35. 360
  36. 18
  37. 100
  38. 640
  39. 340
  40. better paint for cards

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