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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 605 · 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: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  2. 2.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  3. 3.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  5. 5.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) sweets for yourself
  6. 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  7. 7.Ananya’s stall made a profit of ₹900. Ananya saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  9. 9.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  10. 10.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) a cinema ticket
  11. 11.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Riya’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) profit put in a bank
  14. 14.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  15. 15.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Kavya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  20. 20.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  22. 22.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 50% of it. How many rupees are saved?
  23. 23.Dev’s stall made a profit of ₹1100. Dev saves 25% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  25. 25.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  27. 27.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  31. 31.Rohan’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Kabir’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  35. 35.Zoya’s stall made a profit of ₹2000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Saanvi’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  39. 39.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving

Answer key

  1. saving
  2. the cost of borrowing
  3. 81
  4. spending
  5. buying a second juicer
  6. can I pay it back?
  7. 180
  8. spending
  9. better paint for cards
  10. more seeds for next time
  11. 28
  12. 1000
  13. a cinema ticket
  14. putting profit back in
  15. 508
  16. 330
  17. reinvesting
  18. saving
  19. reinvesting
  20. 480
  21. saving
  22. 250
  23. 275
  24. a piggy bank for later
  25. 112
  26. talk to parents
  27. 100
  28. 20
  29. 10
  30. reinvesting
  31. 210
  32. 16
  33. 680
  34. for bad days and goals
  35. 800
  36. 600
  37. 560
  38. to keep trust
  39. 1044
  40. spending

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