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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 913 · 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: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  3. 3.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) profit put in a bank (d) a new video game
  5. 5.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  7. 7.Ishaan’s stall made a profit of ₹1900. Ishaan saves 50% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  11. 11.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  13. 13.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Vihaan’s stall made a profit of ₹1500. Vihaan saves 20% of it. How many rupees are saved?
  15. 15.Meera’s stall made a profit of ₹1500. Meera saves 50% of it. How many rupees are saved?
  16. 16.👪 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
  17. 17.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  18. 18.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  19. 19.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  20. 20.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  21. 21.Joseph’s stall made a profit of ₹700. Joseph saves 20% of it. How many rupees are saved?
  22. 22.Vihaan’s stall made a profit of ₹1800. Vihaan saves 10% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  24. 24.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  26. 26.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  28. 28.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  29. 29.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) a piggy bank for later
  30. 30.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  35. 35.Kavya’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Riya’s stall made a profit of ₹300. Riya saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  40. 40.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) sweets for yourself

Answer key

  1. reinvesting
  2. an emergency fund
  3. 630
  4. a new video game
  5. can I pay it back?
  6. reinvesting
  7. 950
  8. 30
  9. the cost of borrowing
  10. reinvesting
  11. 116
  12. putting profit back in
  13. 321
  14. 300
  15. 750
  16. talk to parents
  17. a piggy bank for later
  18. better paint for cards
  19. buying a second juicer
  20. a cinema ticket
  21. 140
  22. 180
  23. spending
  24. 242
  25. spending
  26. to keep trust
  27. saving
  28. 130
  29. sweets for yourself
  30. 763
  31. 90
  32. 484
  33. saving
  34. spending
  35. 300
  36. 105
  37. 30
  38. 20
  39. for bad days and goals
  40. more seeds for next time

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