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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 253 · 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: sweets for yourself? (a) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  5. 5.Ishaan’s stall made a profit of ₹1200. Ishaan saves 10% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  9. 9.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) more seeds for next time
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  14. 14.Which of these is saving? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) an emergency fund
  15. 15.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  17. 17.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  18. 18.Dev’s stall made a profit of ₹1200. Dev saves 25% of it. How many rupees are saved?
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) better paint for cards (d) a new video game
  20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  22. 22.Kabir’s stall made a profit of ₹700. Kabir saves 20% of it. How many rupees are saved?
  23. 23.Rohan’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  26. 26.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  29. 29.Riya’s stall made a profit of ₹1400. Riya saves 50% of it. How many rupees are saved?
  30. 30.Aarav’s stall made a profit of ₹1300. Aarav saves 20% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  32. 32.Arjun’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Ananya’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  37. 37.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Ananya’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 reinvested?
  39. 39.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. spending
  2. saving
  3. to keep trust
  4. spending
  5. 120
  6. reinvesting
  7. 42
  8. reinvesting
  9. a piggy bank for later
  10. sweets for yourself
  11. 880
  12. can I pay it back?
  13. for bad days and goals
  14. an emergency fund
  15. 60
  16. talk to parents
  17. a cinema ticket
  18. 300
  19. better paint for cards
  20. the cost of borrowing
  21. spending
  22. 140
  23. 320
  24. 708
  25. a new video game
  26. 102
  27. 54
  28. buying a second juicer
  29. 700
  30. 260
  31. more seeds for next time
  32. 630
  33. 210
  34. 104
  35. 224
  36. reinvesting
  37. 15
  38. 400
  39. 28
  40. 18

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