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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 119 · 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 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Aarav’s stall made a profit of ₹900. Aarav saves 20% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  6. 6.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is saving? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  10. 10.Ishaan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Diya’s stall made a profit of ₹500. Diya saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Diya’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  16. 16.Farhan’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  20. 20.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  21. 21.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  24. 24.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  25. 25.Rohan’s stall made a profit of ₹1200. Rohan saves 25% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  27. 27.Zoya’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  29. 29.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) sweets for yourself
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  33. 33.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  34. 34.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  35. 35.Kabir’s stall made a profit of ₹1700. Kabir saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  38. 38.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals

Answer key

  1. 248
  2. 24
  3. 24
  4. 180
  5. better paint for cards
  6. 118
  7. 636
  8. an emergency fund
  9. saving
  10. 350
  11. 50
  12. 27
  13. 416
  14. 720
  15. saving
  16. 495
  17. 672
  18. 32
  19. spending
  20. to keep trust
  21. 342
  22. reinvesting
  23. saving
  24. a cinema ticket
  25. 300
  26. spending
  27. 480
  28. sweets for yourself
  29. 436
  30. 107
  31. buying a second juicer
  32. more seeds for next time
  33. can I pay it back?
  34. the cost of borrowing
  35. 170
  36. 28
  37. putting profit back in
  38. 1300
  39. 42
  40. for bad days and goals

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