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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 147 · 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 1 year (in ₹)?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  3. 3.Ananya’s stall made a profit of ₹600. Ananya saves 10% of it. How many rupees are saved?
  4. 4.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  5. 5.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a new video game
  7. 7.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  10. 10.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  13. 13.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  14. 14.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  15. 15.Tara’s stall made a profit of ₹400. Tara saves 20% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Kavya’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  19. 19.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) more seeds for next time (d) a new video game
  22. 22.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Kabir’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  29. 29.Meera’s stall made a profit of ₹1000. Meera saves 25% of it. How many rupees are saved?
  30. 30.Aarav’s stall made a profit of ₹1700. Aarav saves 10% of it. How many rupees are saved?
  31. 31.Farhan’s stall made a profit of ₹2000. Farhan saves 50% of it. How many rupees are saved?
  32. 32.Diya’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) profit put in a bank
  37. 37.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving

Answer key

  1. 216
  2. talk to parents
  3. 60
  4. to keep trust
  5. 28
  6. profit put in a bank
  7. 130
  8. 40
  9. a cinema ticket
  10. 60
  11. for bad days and goals
  12. saving
  13. the cost of borrowing
  14. a piggy bank for later
  15. 80
  16. 27
  17. 330
  18. saving
  19. 1120
  20. 210
  21. more seeds for next time
  22. 3
  23. 336
  24. 64
  25. 320
  26. 348
  27. saving
  28. sweets for yourself
  29. 250
  30. 170
  31. 1000
  32. 280
  33. 318
  34. 126
  35. reinvesting
  36. a new video game
  37. 108
  38. 214
  39. better paint for cards
  40. reinvesting

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