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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 428 · 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) saving (b) reinvesting (c) spending
  2. 2.💡 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?
  3. 3.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 ₹)?
  4. 4.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  5. 5.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  8. 8.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) buying a second juicer
  9. 9.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Which of these is saving? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) better paint for cards
  11. 11.Riya’s stall made a profit of ₹800. Riya saves 25% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  13. 13.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  16. 16.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  17. 17.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) buying a second juicer
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  19. 19.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Arjun’s stall made a profit of ₹1100. Arjun saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  24. 24.Dev’s stall made a profit of ₹2000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  29. 29.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  30. 30.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Diya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Kavya’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  35. 35.Dev’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Arjun’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Meera’s stall made a profit of ₹1100. Meera saves 10% of it. How many rupees are saved?

Answer key

  1. spending
  2. can I pay it back?
  3. 381
  4. putting profit back in
  5. 330
  6. a piggy bank for later
  7. saving
  8. buying a second juicer
  9. 30
  10. profit put in a bank
  11. 200
  12. better paint for cards
  13. 416
  14. saving
  15. for bad days and goals
  16. sweets for yourself
  17. an emergency fund
  18. a new video game
  19. 96
  20. 1040
  21. 110
  22. 48
  23. spending
  24. 800
  25. 107
  26. 963
  27. to keep trust
  28. a cinema ticket
  29. the cost of borrowing
  30. 530
  31. 350
  32. 954
  33. 250
  34. reinvesting
  35. 150
  36. 6
  37. 318
  38. 440
  39. 40
  40. 110

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