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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 764 · 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: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  2. 2.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  3. 3.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  5. 5.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  6. 6.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  7. 7.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  8. 8.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
  9. 9.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  11. 11.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  17. 17.Arjun’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  19. 19.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  21. 21.Joseph’s stall made a profit of ₹1600. Joseph saves 25% of it. How many rupees are saved?
  22. 22.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  23. 23.Meera’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  25. 25.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  26. 26.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  31. 31.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  32. 32.Vihaan’s stall made a profit of ₹2000. Vihaan saves 10% of it. How many rupees are saved?
  33. 33.Tara’s stall made a profit of ₹1300. Tara saves 25% of it. How many rupees are saved?
  34. 34.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  35. 35.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  36. 36.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?

Answer key

  1. saving
  2. for bad days and goals
  3. 80
  4. an emergency fund
  5. the cost of borrowing
  6. a cinema ticket
  7. profit put in a bank
  8. more seeds for next time
  9. to keep trust
  10. spending
  11. 60
  12. 726
  13. 50
  14. 240
  15. reinvesting
  16. saving
  17. 80
  18. buying a second juicer
  19. 1180
  20. reinvesting
  21. 400
  22. can I pay it back?
  23. 480
  24. talk to parents
  25. putting profit back in
  26. 168
  27. 70
  28. 8
  29. 472
  30. saving
  31. a new video game
  32. 200
  33. 325
  34. sweets for yourself
  35. a piggy bank for later
  36. 840
  37. 30
  38. 54
  39. 1090
  40. 50

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