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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 651 · 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.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  2. 2.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  3. 3.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  4. 4.Rohan’s stall made a profit of ₹1900. Rohan saves 10% of it. How many rupees are saved?
  5. 5.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  6. 6.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  7. 7.Joseph’s stall made a profit of ₹500. Joseph saves 25% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  13. 13.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  14. 14.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) more seeds for next time
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  16. 16.Rohan’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 spent?
  17. 17.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) more seeds for next time
  18. 18.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  21. 21.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  22. 22.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  24. 24.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  25. 25.Kabir’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Zoya’s stall made a profit of ₹200. Zoya saves 10% of it. How many rupees are saved?
  28. 28.Dev’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  30. 30.Riya’s stall made a profit of ₹1700. Riya saves 50% of it. How many rupees are saved?
  31. 31.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 10% of it. How many rupees are saved?
  32. 32.Aarav’s stall made a profit of ₹1000. Aarav saves 25% of it. How many rupees are saved?
  33. 33.Saanvi’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Kabir’s stall made a profit of ₹900. Kabir saves 50% of it. How many rupees are saved?
  35. 35.Arjun’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?
  36. 36.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  37. 37.Zoya’s stall made a profit of ₹1000. Zoya saves 20% of it. How many rupees are saved?
  38. 38.Gurpreet’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?
  39. 39.Aarav’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. the cost of borrowing
  2. spending
  3. to keep trust
  4. 190
  5. a cinema ticket
  6. sweets for yourself
  7. 125
  8. 36
  9. putting profit back in
  10. reinvesting
  11. 81
  12. reinvesting
  13. can I pay it back?
  14. a new video game
  15. saving
  16. 600
  17. profit put in a bank
  18. 112
  19. 70
  20. saving
  21. for bad days and goals
  22. 9
  23. saving
  24. a piggy bank for later
  25. 400
  26. 116
  27. 20
  28. 1400
  29. talk to parents
  30. 850
  31. 20
  32. 250
  33. 450
  34. 450
  35. 320
  36. spending
  37. 200
  38. 245
  39. 760
  40. 321

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