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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 822 · 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 gift (b) a discount (c) free money (d) the cost of borrowing
  2. 2.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) better paint for cards (d) a piggy bank for later
  3. 3.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  7. 7.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  8. 8.💡 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?
  9. 9.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  10. 10.Meera’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  15. 15.Gurpreet’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) an emergency fund (d) a new video game
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  18. 18.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  19. 19.Saanvi’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 spent?
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) a new video game
  26. 26.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
  27. 27.Ishaan’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  29. 29.Saanvi’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?
  30. 30.Dev’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  33. 33.Kabir’s stall made a profit of ₹1800. Kabir saves 20% of it. How many rupees are saved?
  34. 34.Nisha’s stall made a profit of ₹400. Nisha saves 10% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) more seeds for next time
  36. 36.Aarav’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  38. 38.Arjun’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  40. 40.Nisha’s stall made a profit of ₹1200. Nisha saves 50% of it. How many rupees are saved?

Answer key

  1. the cost of borrowing
  2. a cinema ticket
  3. a piggy bank for later
  4. saving
  5. talk to parents
  6. reinvesting
  7. to keep trust
  8. can I pay it back?
  9. putting profit back in
  10. 720
  11. 56
  12. saving
  13. 118
  14. profit put in a bank
  15. 600
  16. a new video game
  17. reinvesting
  18. more seeds for next time
  19. 385
  20. saving
  21. 1080
  22. 121
  23. 928
  24. 530
  25. buying a second juicer
  26. 80
  27. 160
  28. better paint for cards
  29. 600
  30. 270
  31. 714
  32. spending
  33. 360
  34. 40
  35. an emergency fund
  36. 510
  37. reinvesting
  38. 950
  39. spending
  40. 600

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