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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 609 · 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 cinema ticket? (a) reinvesting (b) spending (c) saving
  2. 2.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  4. 4.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  7. 7.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  8. 8.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Tara’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Zoya’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  13. 13.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  15. 15.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  18. 18.Gurpreet’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Kavya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.👪 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
  24. 24.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  25. 25.Rohan’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Lakshmi’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) profit put in a bank
  29. 29.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  30. 30.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  32. 32.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Ishaan’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) an emergency fund
  38. 38.Aarav’s stall made a profit of ₹1000. Aarav saves 50% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  40. 40.Aarav’s stall made a profit of ₹1900. Aarav saves 10% of it. How many rupees are saved?

Answer key

  1. spending
  2. better paint for cards
  3. reinvesting
  4. putting profit back in
  5. spending
  6. profit put in a bank
  7. buying a second juicer
  8. 318
  9. 320
  10. 4
  11. 640
  12. to keep trust
  13. the cost of borrowing
  14. saving
  15. 4
  16. 96
  17. reinvesting
  18. 160
  19. 54
  20. 27
  21. 84
  22. 700
  23. talk to parents
  24. a cinema ticket
  25. 330
  26. 780
  27. can I pay it back?
  28. a new video game
  29. more seeds for next time
  30. 27
  31. saving
  32. reinvesting
  33. 18
  34. 245
  35. 70
  36. 1060
  37. an emergency fund
  38. 500
  39. saving
  40. 190

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