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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 268 · 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) spending (b) reinvesting (c) saving
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  8. 8.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  11. 11.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 20% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  13. 13.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Kabir’s stall made a profit of ₹800. Kabir saves 50% of it. How many rupees are saved?
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  16. 16.💡 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?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  19. 19.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  22. 22.Gurpreet’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a new video game
  25. 25.Tara’s stall made a profit of ₹400. Tara saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Arjun’s stall made a profit of ₹1900. Arjun saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Tara’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Farhan’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 25% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  34. 34.Ishaan’s stall made a profit of ₹400. Ishaan saves 50% of it. How many rupees are saved?
  35. 35.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  36. 36.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) a new video game
  37. 37.Saanvi’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Saanvi’s stall made a profit of ₹300. Saanvi saves 20% of it. How many rupees are saved?
  40. 40.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 ₹)?

Answer key

  1. reinvesting
  2. spending
  3. 40
  4. profit put in a bank
  5. saving
  6. 300
  7. the cost of borrowing
  8. 118
  9. reinvesting
  10. sweets for yourself
  11. 320
  12. more seeds for next time
  13. 412
  14. 400
  15. to keep trust
  16. can I pay it back?
  17. talk to parents
  18. spending
  19. better paint for cards
  20. saving
  21. saving
  22. 270
  23. 570
  24. buying a second juicer
  25. 80
  26. 448
  27. 190
  28. 309
  29. 650
  30. 400
  31. 500
  32. a piggy bank for later
  33. spending
  34. 200
  35. putting profit back in
  36. a new video game
  37. 280
  38. 105
  39. 60
  40. 728

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