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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 870 · 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) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  2. 2.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  4. 4.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
  8. 8.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  14. 14.Tara’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Farhan’s stall made a profit of ₹200. Farhan saves 10% of it. How many rupees are saved?
  16. 16.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  21. 21.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  22. 22.Which of these is saving? (a) an emergency fund (b) a new video game (c) a cinema ticket (d) buying a second juicer
  23. 23.Arjun’s stall made a profit of ₹2000. Arjun saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.Ananya’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Ishaan’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  30. 30.Meera’s stall made a profit of ₹1800. Meera saves 25% of it. How many rupees are saved?
  31. 31.Farhan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  34. 34.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  36. 36.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Ishaan’s stall made a profit of ₹2000. Ishaan saves 10% of it. How many rupees are saved?
  38. 38.Meera’s stall made a profit of ₹1600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Joseph’s stall made a profit of ₹700. Joseph saves 50% of it. How many rupees are saved?

Answer key

  1. sweets for yourself
  2. 756
  3. reinvesting
  4. 90
  5. putting profit back in
  6. more seeds for next time
  7. buying a second juicer
  8. 60
  9. spending
  10. 12
  11. 81
  12. talk to parents
  13. saving
  14. 420
  15. 20
  16. 100
  17. 80
  18. for bad days and goals
  19. reinvesting
  20. spending
  21. to keep trust
  22. an emergency fund
  23. 1000
  24. 210
  25. 15
  26. 70
  27. 900
  28. 250
  29. a piggy bank for later
  30. 450
  31. 80
  32. can I pay it back?
  33. spending
  34. 18
  35. the cost of borrowing
  36. 45
  37. 200
  38. 640
  39. 660
  40. 350

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