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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 111 · 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.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  3. 3.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 ₹)?
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  6. 6.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  8. 8.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  9. 9.Saanvi’s stall made a profit of ₹400. Saanvi saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Zoya’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.A small family shop borrows ₹700 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 ₹900. Meera saves 50% of it. How many rupees are saved?
  14. 14.Riya’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 50% of it. How many rupees are saved?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  18. 18.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  19. 19.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 20% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) buying a second juicer
  23. 23.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  25. 25.Lakshmi’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  27. 27.Meera’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  30. 30.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  32. 32.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  33. 33.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Riya’s stall made a profit of ₹1100. Riya saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  37. 37.Farhan’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  39. 39.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  40. 40.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. spending
  2. saving
  3. 324
  4. reinvesting
  5. saving
  6. 12
  7. saving
  8. better paint for cards
  9. 100
  10. 100
  11. 240
  12. 28
  13. 450
  14. 220
  15. 200
  16. reinvesting
  17. spending
  18. sweets for yourself
  19. 35
  20. 60
  21. reinvesting
  22. a new video game
  23. 232
  24. putting profit back in
  25. 200
  26. a piggy bank for later
  27. 400
  28. 1008
  29. spending
  30. 1040
  31. talk to parents
  32. buying a second juicer
  33. 108
  34. 275
  35. 575
  36. can I pay it back?
  37. 440
  38. the cost of borrowing
  39. to keep trust
  40. 189

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