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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 67 · 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 spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) profit put in a bank
  2. 2.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  4. 4.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) a new video game
  5. 5.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  7. 7.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  9. 9.Diya’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Rohan’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Arjun’s stall made a profit of ₹1900. Arjun saves 50% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  14. 14.Tara’s stall made a profit of ₹700. Tara saves 20% of it. How many rupees are saved?
  15. 15.Ishaan’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  18. 18.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  19. 19.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  21. 21.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  24. 24.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) buying a second juicer
  25. 25.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Riya’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  29. 29.Aarav’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Diya’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Nisha’s stall made a profit of ₹600. Nisha saves 50% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  34. 34.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Vihaan’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  40. 40.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. a new video game
  2. for bad days and goals
  3. reinvesting
  4. an emergency fund
  5. 575
  6. the cost of borrowing
  7. 80
  8. can I pay it back?
  9. 275
  10. 340
  11. 950
  12. buying a second juicer
  13. reinvesting
  14. 140
  15. 150
  16. spending
  17. spending
  18. a piggy bank for later
  19. 64
  20. putting profit back in
  21. 30
  22. to keep trust
  23. spending
  24. profit put in a bank
  25. 16
  26. 140
  27. talk to parents
  28. saving
  29. 360
  30. 150
  31. 300
  32. 135
  33. better paint for cards
  34. 280
  35. 15
  36. saving
  37. 162
  38. 120
  39. reinvesting
  40. 60

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