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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 438 · 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.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  4. 4.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  5. 5.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) better paint for cards
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  8. 8.Vihaan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Dev’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  15. 15.Zoya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a new video game
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  18. 18.Joseph’s stall made a profit of ₹1000. Joseph saves 10% of it. How many rupees are saved?
  19. 19.Vihaan’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  22. 22.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  23. 23.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  24. 24.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Nisha’s stall made a profit of ₹1500. Nisha saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  28. 28.Meera’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  30. 30.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹1200. Zoya saves 50% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  36. 36.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  37. 37.Tara’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 spent?
  38. 38.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving

Answer key

  1. putting profit back in
  2. spending
  3. reinvesting
  4. can I pay it back?
  5. 135
  6. a new video game
  7. spending
  8. 360
  9. 642
  10. 75
  11. spending
  12. 144
  13. 130
  14. to keep trust
  15. 600
  16. profit put in a bank
  17. buying a second juicer
  18. 100
  19. 300
  20. 180
  21. the cost of borrowing
  22. a cinema ticket
  23. more seeds for next time
  24. 25
  25. 300
  26. 636
  27. reinvesting
  28. 160
  29. reinvesting
  30. 126
  31. 49
  32. 330
  33. 1030
  34. 600
  35. saving
  36. 200
  37. 140
  38. 45
  39. for bad days and goals
  40. saving

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