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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 120 · 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 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) a new video game
  4. 4.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  7. 7.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) an emergency fund (d) sweets for yourself
  8. 8.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  9. 9.Dev’s stall made a profit of ₹1500. Dev saves 20% of it. How many rupees are saved?
  10. 10.Ishaan’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Joseph’s stall made a profit of ₹400. Joseph saves 25% of it. How many rupees are saved?
  12. 12.Gurpreet’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 spent?
  13. 13.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.Tara’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) sweets for yourself
  17. 17.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  18. 18.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  25. 25.Saanvi’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  28. 28.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) sweets for yourself (d) an emergency fund
  29. 29.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Zoya’s stall made a profit of ₹600. Zoya saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  34. 34.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  35. 35.Gurpreet’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?
  36. 36.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  37. 37.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  39. 39.Nisha’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 212
  2. 20
  3. an emergency fund
  4. 28
  5. 432
  6. reinvesting
  7. sweets for yourself
  8. the cost of borrowing
  9. 300
  10. 60
  11. 100
  12. 720
  13. 21
  14. 550
  15. 200
  16. more seeds for next time
  17. putting profit back in
  18. to keep trust
  19. spending
  20. saving
  21. spending
  22. reinvesting
  23. saving
  24. reinvesting
  25. 60
  26. 40
  27. talk to parents
  28. better paint for cards
  29. 126
  30. 210
  31. 150
  32. 200
  33. saving
  34. a new video game
  35. 120
  36. a cinema ticket
  37. 72
  38. spending
  39. 360
  40. 590

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