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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 110 · 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.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  6. 6.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 20% of it. How many rupees are saved?
  7. 7.Aarav’s stall made a profit of ₹1400. Aarav saves 25% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  9. 9.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  11. 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.Riya’s stall made a profit of ₹1400. Riya saves 20% of it. How many rupees are saved?
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  15. 15.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) an emergency fund
  16. 16.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Kabir’s stall made a profit of ₹600. Kabir saves 50% of it. How many rupees are saved?
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) a piggy bank for later
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  21. 21.Kabir’s stall made a profit of ₹1400. Kabir saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Ananya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  25. 25.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Nisha’s stall made a profit of ₹1900. Nisha saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) better paint for cards (d) a piggy bank for later
  29. 29.Kavya’s stall made a profit of ₹600. Kavya saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.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 spent?
  32. 32.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.Dev’s stall made a profit of ₹1100. Dev saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  35. 35.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  37. 37.Diya’s stall made a profit of ₹1700. Diya saves 25% of it. How many rupees are saved?
  38. 38.Meera’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Aarav’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting

Answer key

  1. 208
  2. 216
  3. 50
  4. reinvesting
  5. for bad days and goals
  6. 220
  7. 350
  8. reinvesting
  9. can I pay it back?
  10. talk to parents
  11. the cost of borrowing
  12. saving
  13. 280
  14. better paint for cards
  15. an emergency fund
  16. 127
  17. 300
  18. a cinema ticket
  19. spending
  20. spending
  21. 280
  22. 72
  23. 240
  24. to keep trust
  25. 312
  26. 950
  27. 72
  28. a new video game
  29. 60
  30. 16
  31. 240
  32. 40
  33. 110
  34. spending
  35. 10
  36. saving
  37. 425
  38. 60
  39. 750
  40. reinvesting

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