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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 891 · 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) reinvesting (c) saving
  2. 2.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  4. 4.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  5. 5.Joseph’s stall made a profit of ₹1300. Joseph saves 20% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  7. 7.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  9. 9.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) an emergency fund
  10. 10.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  12. 12.Rohan’s stall made a profit of ₹1500. Rohan saves 20% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  14. 14.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.Ishaan’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?
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  17. 17.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  18. 18.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  25. 25.Kavya’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) a cinema ticket
  27. 27.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  29. 29.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  31. 31.Kabir’s stall made a profit of ₹600. 20% 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 ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  34. 34.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  36. 36.Rohan’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 reinvested?
  37. 37.Riya’s stall made a profit of ₹400. Riya saves 10% of it. How many rupees are saved?
  38. 38.Zoya’s stall made a profit of ₹200. Zoya saves 25% of it. How many rupees are saved?
  39. 39.Meera’s stall made a profit of ₹1800. Meera saves 20% of it. How many rupees are saved?
  40. 40.Tara’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 spent?

Answer key

  1. spending
  2. 60
  3. better paint for cards
  4. for bad days and goals
  5. 260
  6. saving
  7. 968
  8. saving
  9. an emergency fund
  10. 918
  11. can I pay it back?
  12. 300
  13. spending
  14. 8
  15. 420
  16. a cinema ticket
  17. to keep trust
  18. 624
  19. reinvesting
  20. saving
  21. 270
  22. 147
  23. 48
  24. profit put in a bank
  25. 270
  26. buying a second juicer
  27. the cost of borrowing
  28. talk to parents
  29. 1016
  30. spending
  31. 240
  32. 515
  33. sweets for yourself
  34. 540
  35. putting profit back in
  36. 100
  37. 40
  38. 50
  39. 360
  40. 960

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