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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 557 · 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) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  2. 2.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
  3. 3.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  4. 4.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  5. 5.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Joseph’s stall made a profit of ₹1500. Joseph saves 25% of it. How many rupees are saved?
  7. 7.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  8. 8.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  9. 9.Saanvi’s stall made a profit of ₹1500. Saanvi saves 25% of it. How many rupees are saved?
  10. 10.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  12. 12.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Vihaan’s stall made a profit of ₹1100. Vihaan saves 25% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  18. 18.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  22. 22.Riya’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  24. 24.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) an emergency fund
  25. 25.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  31. 31.Kabir’s stall made a profit of ₹1000. Kabir saves 20% of it. How many rupees are saved?
  32. 32.Zoya’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 reinvested?
  33. 33.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Meera’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.👪 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
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  39. 39.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) more seeds for next time

Answer key

  1. putting profit back in
  2. buying a second juicer
  3. a new video game
  4. an emergency fund
  5. 150
  6. 375
  7. can I pay it back?
  8. profit put in a bank
  9. 375
  10. the cost of borrowing
  11. reinvesting
  12. 8
  13. 275
  14. 81
  15. 20
  16. 300
  17. a cinema ticket
  18. 14
  19. 636
  20. 210
  21. saving
  22. 240
  23. a piggy bank for later
  24. more seeds for next time
  25. 170
  26. 728
  27. spending
  28. 96
  29. 18
  30. to keep trust
  31. 200
  32. 40
  33. 12
  34. 80
  35. 72
  36. 408
  37. talk to parents
  38. reinvesting
  39. 832
  40. sweets for yourself

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