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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 262 · 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: better paint for cards? (a) reinvesting (b) spending (c) saving
  2. 2.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  4. 4.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  5. 5.Tara’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 reinvested?
  6. 6.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) better paint for cards
  11. 11.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  15. 15.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  18. 18.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  20. 20.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) sweets for yourself
  21. 21.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  23. 23.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  25. 25.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Vihaan’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  29. 29.Arjun’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹700 from a bank at 2% 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 ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Vihaan’s stall made a profit of ₹1900. Vihaan saves 10% of it. How many rupees are saved?

Answer key

  1. reinvesting
  2. the cost of borrowing
  3. saving
  4. putting profit back in
  5. 500
  6. 280
  7. 912
  8. 60
  9. 954
  10. a new video game
  11. 192
  12. 1060
  13. 560
  14. sweets for yourself
  15. 848
  16. to keep trust
  17. saving
  18. 650
  19. talk to parents
  20. an emergency fund
  21. 721
  22. spending
  23. 3
  24. profit put in a bank
  25. 27
  26. 36
  27. 40
  28. saving
  29. 200
  30. better paint for cards
  31. reinvesting
  32. 81
  33. for bad days and goals
  34. reinvesting
  35. 54
  36. 248
  37. 28
  38. 728
  39. 120
  40. 190

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