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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 149 · 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 ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Meera’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is saving? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) profit put in a bank
  4. 4.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  5. 5.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  6. 6.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 ₹)?
  7. 7.Farhan’s stall made a profit of ₹300. Farhan saves 50% of it. How many rupees are saved?
  8. 8.Ananya’s stall made a profit of ₹500. Ananya saves 50% of it. How many rupees are saved?
  9. 9.Vihaan’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Nisha’s stall made a profit of ₹1600. Nisha saves 50% of it. How many rupees are saved?
  13. 13.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
  14. 14.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Ishaan’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Diya’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 spent?
  19. 19.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  22. 22.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  24. 24.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Tara’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Kabir’s stall made a profit of ₹700. Kabir saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  32. 32.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  33. 33.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  34. 34.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  35. 35.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  37. 37.Diya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Nisha’s stall made a profit of ₹600. Nisha saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 12
  2. 160
  3. profit put in a bank
  4. can I pay it back?
  5. putting profit back in
  6. 348
  7. 150
  8. 250
  9. 300
  10. 726
  11. 1240
  12. 800
  13. to keep trust
  14. 135
  15. 45
  16. 24
  17. 420
  18. 375
  19. 840
  20. saving
  21. talk to parents
  22. 63
  23. sweets for yourself
  24. 4
  25. 436
  26. 980
  27. 324
  28. 90
  29. 28
  30. 140
  31. spending
  32. spending
  33. reinvesting
  34. a piggy bank for later
  35. a cinema ticket
  36. reinvesting
  37. 80
  38. 300
  39. 54
  40. 206

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