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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 648 · 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.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  2. 2.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) an emergency fund
  6. 6.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  7. 7.Nisha’s stall made a profit of ₹1100. Nisha saves 20% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) better paint for cards
  10. 10.Kavya’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  12. 12.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.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 ₹)?
  14. 14.Aarav’s stall made a profit of ₹1900. Aarav saves 50% of it. How many rupees are saved?
  15. 15.Tara’s stall made a profit of ₹1200. Tara saves 20% of it. How many rupees are saved?
  16. 16.Riya’s stall made a profit of ₹1200. Riya saves 20% of it. How many rupees are saved?
  17. 17.Rohan’s stall made a profit of ₹2000. Rohan saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  21. 21.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  22. 22.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) more seeds for next time
  24. 24.Saanvi’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 25% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  27. 27.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  30. 30.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Which of these is saving? (a) better paint for cards (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Arjun’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Joseph’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest

Answer key

  1. putting profit back in
  2. can I pay it back?
  3. spending
  4. reinvesting
  5. buying a second juicer
  6. sweets for yourself
  7. 220
  8. better paint for cards
  9. a new video game
  10. 300
  11. saving
  12. 612
  13. 508
  14. 950
  15. 240
  16. 240
  17. 200
  18. 580
  19. the cost of borrowing
  20. spending
  21. for bad days and goals
  22. 390
  23. profit put in a bank
  24. 300
  25. 325
  26. reinvesting
  27. 708
  28. 28
  29. an emergency fund
  30. 864
  31. a piggy bank for later
  32. saving
  33. 128
  34. 416
  35. 160
  36. 1008
  37. 16
  38. 8
  39. 280
  40. to keep trust

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