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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 864 · 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 reinvesting in the business? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  2. 2.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) a new video game
  3. 3.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  4. 4.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  5. 5.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) buying a second juicer
  7. 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  8. 8.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  11. 11.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  13. 13.🐷 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
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  17. 17.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  21. 21.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  24. 24.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Saanvi’s stall made a profit of ₹1600. Saanvi saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Farhan’s stall made a profit of ₹800. Farhan saves 50% of it. How many rupees are saved?
  28. 28.Rohan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Kabir’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  31. 31.Ishaan’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Dev’s stall made a profit of ₹1400. Dev saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Riya’s stall made a profit of ₹900. Riya saves 20% of it. How many rupees are saved?
  37. 37.Arjun’s stall made a profit of ₹1300. Arjun saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) sweets for yourself

Answer key

  1. better paint for cards
  2. buying a second juicer
  3. an emergency fund
  4. to keep trust
  5. 508
  6. a piggy bank for later
  7. more seeds for next time
  8. can I pay it back?
  9. saving
  10. spending
  11. a cinema ticket
  12. reinvesting
  13. for bad days and goals
  14. reinvesting
  15. 20
  16. sweets for yourself
  17. 981
  18. 106
  19. 340
  20. saving
  21. the cost of borrowing
  22. talk to parents
  23. spending
  24. 27
  25. 400
  26. 144
  27. 400
  28. 1200
  29. 770
  30. reinvesting
  31. 440
  32. 84
  33. 280
  34. 3
  35. 8
  36. 180
  37. 325
  38. 60
  39. 28
  40. profit put in a bank

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