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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 560 · 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: profit put in a bank? (a) saving (b) reinvesting (c) spending
  2. 2.💡 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?
  3. 3.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 10% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  9. 9.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) better paint for cards
  14. 14.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  15. 15.Kabir’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  21. 21.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  24. 24.Which of these is saving? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) better paint for cards
  25. 25.Diya’s stall made a profit of ₹1700. Diya saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Dev’s stall made a profit of ₹1700. Dev saves 20% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  29. 29.Tara’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  32. 32.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Saanvi’s stall made a profit of ₹900. Saanvi saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Kabir’s stall made a profit of ₹700. Kabir saves 50% of it. How many rupees are saved?
  38. 38.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  39. 39.Rohan’s stall made a profit of ₹400. Rohan saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. saving
  2. can I pay it back?
  3. 130
  4. reinvesting
  5. spending
  6. 15
  7. the cost of borrowing
  8. saving
  9. for bad days and goals
  10. spending
  11. 24
  12. saving
  13. a new video game
  14. better paint for cards
  15. 810
  16. 1090
  17. 90
  18. buying a second juicer
  19. reinvesting
  20. putting profit back in
  21. 236
  22. 106
  23. sweets for yourself
  24. an emergency fund
  25. 425
  26. 60
  27. 340
  28. a piggy bank for later
  29. 440
  30. 12
  31. talk to parents
  32. 116
  33. 450
  34. 70
  35. 800
  36. 30
  37. 350
  38. to keep trust
  39. 80
  40. 12

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