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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 327 · 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.

NameDateTime takenScore ___ / 40
  1. 1.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  2. 2.🐷 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
  3. 3.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) an emergency fund
  5. 5.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  8. 8.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) better paint for cards (d) a new video game
  10. 10.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Vihaan’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  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 2 years (in ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  16. 16.Saanvi’s stall made a profit of ₹1300. Saanvi saves 50% of it. How many rupees are saved?
  17. 17.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) spending it on games (d) giving it away
  18. 18.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  22. 22.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 10% of it. How many rupees are saved?
  24. 24.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
  25. 25.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  26. 26.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) a new video game
  27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  28. 28.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  29. 29.Diya’s stall made a profit of ₹1100. Diya saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  32. 32.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  34. 34.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.Arjun’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  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.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
  40. 40.Diya’s stall made a profit of ₹500. Diya saves 10% of it. How many rupees are saved?

Answer key

  1. can I pay it back?
  2. for bad days and goals
  3. 40
  4. buying a second juicer
  5. 212
  6. 60
  7. saving
  8. to keep trust
  9. a new video game
  10. 54
  11. 640
  12. talk to parents
  13. 424
  14. 70
  15. saving
  16. 650
  17. putting profit back in
  18. 300
  19. 840
  20. the cost of borrowing
  21. spending
  22. 872
  23. 80
  24. 120
  25. a cinema ticket
  26. an emergency fund
  27. reinvesting
  28. profit put in a bank
  29. 110
  30. 12
  31. saving
  32. 550
  33. reinvesting
  34. 170
  35. 24
  36. 450
  37. 15
  38. 106
  39. sweets for yourself
  40. 50

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