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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 598 · 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: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  5. 5.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  8. 8.Arjun’s stall made a profit of ₹1600. Arjun saves 50% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) more seeds for next time
  11. 11.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time
  12. 12.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  16. 16.Rohan’s stall made a profit of ₹2000. Rohan saves 25% of it. How many rupees are saved?
  17. 17.Diya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  19. 19.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  20. 20.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  21. 21.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  22. 22.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) better paint for cards
  23. 23.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  26. 26.Ishaan’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?
  27. 27.Zoya’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Zoya’s stall made a profit of ₹800. Zoya saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Vihaan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Saanvi’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  36. 36.Aarav’s stall made a profit of ₹1300. Aarav saves 25% of it. How many rupees are saved?
  37. 37.Tara’s stall made a profit of ₹1400. Tara saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  39. 39.Dev’s stall made a profit of ₹1400. Dev saves 10% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending

Answer key

  1. reinvesting
  2. saving
  3. reinvesting
  4. spending
  5. the cost of borrowing
  6. spending
  7. to keep trust
  8. 800
  9. 108
  10. sweets for yourself
  11. a piggy bank for later
  12. 28
  13. saving
  14. 540
  15. buying a second juicer
  16. 500
  17. 70
  18. an emergency fund
  19. can I pay it back?
  20. profit put in a bank
  21. a cinema ticket
  22. a new video game
  23. 40
  24. 318
  25. putting profit back in
  26. 810
  27. 180
  28. 200
  29. 96
  30. 180
  31. 80
  32. 424
  33. 36
  34. 36
  35. talk to parents
  36. 325
  37. 140
  38. reinvesting
  39. 140
  40. spending

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