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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 534 · 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.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  2. 2.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) sweets for yourself
  3. 3.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  4. 4.Which of these is saving? (a) a cinema ticket (b) a new video game (c) an emergency fund (d) buying a second juicer
  5. 5.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) a new video game
  6. 6.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  9. 9.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  10. 10.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  12. 12.Ishaan’s stall made a profit of ₹1000. Ishaan saves 25% of it. How many rupees are saved?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  14. 14.Arjun’s stall made a profit of ₹1800. Arjun saves 20% of it. How many rupees are saved?
  15. 15.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  16. 16.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Dev’s stall made a profit of ₹1000. Dev saves 25% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  20. 20.Joseph’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.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 ₹)?
  24. 24.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 ₹)?
  25. 25.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  26. 26.Kabir’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  32. 32.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  35. 35.Joseph’s stall made a profit of ₹900. Joseph saves 50% of it. How many rupees are saved?
  36. 36.Saanvi’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Vihaan’s stall made a profit of ₹1400. Vihaan saves 20% of it. How many rupees are saved?
  38. 38.Farhan’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  40. 40.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. to keep trust
  2. buying a second juicer
  3. sweets for yourself
  4. an emergency fund
  5. a new video game
  6. 80
  7. spending
  8. better paint for cards
  9. can I pay it back?
  10. the cost of borrowing
  11. saving
  12. 250
  13. talk to parents
  14. 360
  15. putting profit back in
  16. 10
  17. 1100
  18. 250
  19. a cinema ticket
  20. 240
  21. 260
  22. 8
  23. 354
  24. 448
  25. 140
  26. 360
  27. 20
  28. 228
  29. 16
  30. 108
  31. a piggy bank for later
  32. 27
  33. for bad days and goals
  34. spending
  35. 450
  36. 200
  37. 280
  38. 595
  39. saving
  40. 20

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