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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 629 · 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.Which of these is saving? (a) a new video game (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  2. 2.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  4. 4.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  6. 6.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  7. 7.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.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 ₹)?
  9. 9.Nisha’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  11. 11.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Zoya’s stall made a profit of ₹2000. Zoya saves 50% of it. How many rupees are saved?
  16. 16.Kavya’s stall made a profit of ₹200. Kavya saves 50% of it. How many rupees are saved?
  17. 17.Saanvi’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.👪 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
  19. 19.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a cinema ticket
  21. 21.Nisha’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Riya’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?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Arjun’s stall made a profit of ₹700. Arjun saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Arjun’s stall made a profit of ₹400. Arjun saves 20% of it. How many rupees are saved?
  29. 29.Riya’s stall made a profit of ₹1300. Riya saves 10% of it. How many rupees are saved?
  30. 30.Arjun’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 spent?
  31. 31.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Ishaan’s stall made a profit of ₹900. Ishaan saves 25% of it. How many rupees are saved?
  33. 33.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  34. 34.Tara’s stall made a profit of ₹1700. Tara saves 25% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Ananya’s stall made a profit of ₹1300. Ananya saves 50% of it. How many rupees are saved?
  38. 38.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  39. 39.Tara’s stall made a profit of ₹900. Tara saves 10% of it. How many rupees are saved?
  40. 40.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) buying a second juicer

Answer key

  1. profit put in a bank
  2. the cost of borrowing
  3. more seeds for next time
  4. can I pay it back?
  5. spending
  6. a cinema ticket
  7. 72
  8. 540
  9. 150
  10. putting profit back in
  11. 918
  12. spending
  13. saving
  14. 636
  15. 1000
  16. 100
  17. 850
  18. talk to parents
  19. 436
  20. an emergency fund
  21. 1050
  22. 109
  23. 330
  24. reinvesting
  25. 590
  26. 175
  27. 1120
  28. 80
  29. 130
  30. 200
  31. 20
  32. 225
  33. to keep trust
  34. 425
  35. 48
  36. 130
  37. 650
  38. buying a second juicer
  39. 90
  40. a new video game

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