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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 37 · 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: an emergency fund? (a) spending (b) saving (c) reinvesting
  2. 2.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) a new video game
  3. 3.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  4. 4.Gurpreet’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  8. 8.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 ₹)?
  9. 9.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  10. 10.Zoya’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 reinvested?
  11. 11.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  15. 15.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) a cinema ticket
  22. 22.Which of these is saving? (a) a new video game (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  23. 23.Aarav’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 spent?
  24. 24.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  27. 27.Riya’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  29. 29.👪 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
  30. 30.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) buying a second juicer
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  35. 35.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  36. 36.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
  40. 40.Zoya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. saving
  2. better paint for cards
  3. can I pay it back?
  4. 950
  5. 944
  6. 420
  7. spending
  8. 721
  9. the cost of borrowing
  10. 450
  11. 140
  12. profit put in a bank
  13. for bad days and goals
  14. spending
  15. 1120
  16. 24
  17. 816
  18. 354
  19. 714
  20. 460
  21. a piggy bank for later
  22. an emergency fund
  23. 325
  24. 630
  25. 381
  26. 350
  27. 100
  28. putting profit back in
  29. talk to parents
  30. sweets for yourself
  31. reinvesting
  32. 120
  33. to keep trust
  34. spending
  35. reinvesting
  36. 120
  37. 1062
  38. 440
  39. 150
  40. 100

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