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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 708 · 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: sweets for yourself? (a) spending (b) saving (c) reinvesting
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) profit put in a bank
  4. 4.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) a cinema ticket
  6. 6.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  8. 8.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  9. 9.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  10. 10.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  13. 13.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  14. 14.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Dev’s stall made a profit of ₹1500. Dev saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  18. 18.Joseph’s stall made a profit of ₹500. Joseph saves 25% of it. How many rupees are saved?
  19. 19.👪 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
  20. 20.Aarav’s stall made a profit of ₹700. Aarav saves 50% of it. How many rupees are saved?
  21. 21.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  24. 24.Arjun’s stall made a profit of ₹2000. Arjun saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  27. 27.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  29. 29.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Nisha’s stall made a profit of ₹1000. Nisha saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  32. 32.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 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
  34. 34.Rohan’s stall made a profit of ₹1500. Rohan saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Kabir’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.💡 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?
  39. 39.Ishaan’s stall made a profit of ₹800. Ishaan saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. spending
  2. to keep trust
  3. sweets for yourself
  4. 108
  5. better paint for cards
  6. 309
  7. an emergency fund
  8. a new video game
  9. a piggy bank for later
  10. 175
  11. 920
  12. the cost of borrowing
  13. profit put in a bank
  14. 108
  15. 375
  16. 770
  17. more seeds for next time
  18. 125
  19. talk to parents
  20. 350
  21. putting profit back in
  22. saving
  23. buying a second juicer
  24. 400
  25. reinvesting
  26. spending
  27. 114
  28. reinvesting
  29. 54
  30. 200
  31. spending
  32. 1120
  33. for bad days and goals
  34. 750
  35. 424
  36. 20
  37. 1045
  38. can I pay it back?
  39. 200
  40. 1040

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