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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 894 · 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: an emergency fund? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) better paint for cards
  3. 3.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  7. 7.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  9. 9.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  11. 11.Meera’s stall made a profit of ₹700. Meera saves 25% of it. How many rupees are saved?
  12. 12.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  15. 15.Riya’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Aarav’s stall made a profit of ₹200. Aarav saves 25% of it. How many rupees are saved?
  17. 17.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a new video game
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  19. 19.Ishaan’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  24. 24.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) a new video game
  27. 27.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  28. 28.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  30. 30.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
  33. 33.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹1500. Farhan saves 50% of it. How many rupees are saved?
  37. 37.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  38. 38.Zoya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Diya’s stall made a profit of ₹500. Diya saves 50% of it. How many rupees are saved?
  40. 40.Kavya’s stall made a profit of ₹2000. Kavya saves 25% of it. How many rupees are saved?

Answer key

  1. saving
  2. an emergency fund
  3. 162
  4. 9
  5. 54
  6. putting profit back in
  7. 100
  8. spending
  9. 150
  10. spending
  11. 175
  12. a cinema ticket
  13. saving
  14. talk to parents
  15. 840
  16. 50
  17. profit put in a bank
  18. reinvesting
  19. 120
  20. 105
  21. 100
  22. 708
  23. the cost of borrowing
  24. 27
  25. 18
  26. a new video game
  27. reinvesting
  28. 63
  29. to keep trust
  30. 15
  31. 216
  32. a piggy bank for later
  33. 240
  34. sweets for yourself
  35. 112
  36. 750
  37. for bad days and goals
  38. 120
  39. 250
  40. 500

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