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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 159 · 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.Meera’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  4. 4.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  5. 5.👪 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
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  7. 7.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  8. 8.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  10. 10.Kabir’s stall made a profit of ₹2000. Kabir saves 50% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  13. 13.Which of these is saving? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) a cinema ticket
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  15. 15.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  18. 18.Rohan’s stall made a profit of ₹800. Rohan saves 50% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  20. 20.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.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 ₹)?
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  23. 23.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  24. 24.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Dev’s stall made a profit of ₹900. Dev saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  30. 30.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Farhan’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Tara’s stall made a profit of ₹2000. Tara saves 25% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  34. 34.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
  35. 35.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  36. 36.Kavya’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Aarav’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 20% of it. How many rupees are saved?
  39. 39.Kavya’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 216
  2. 400
  3. to keep trust
  4. a piggy bank for later
  5. talk to parents
  6. saving
  7. for bad days and goals
  8. 102
  9. 30
  10. 1000
  11. 200
  12. spending
  13. profit put in a bank
  14. spending
  15. 108
  16. the cost of borrowing
  17. spending
  18. 400
  19. reinvesting
  20. 30
  21. 336
  22. reinvesting
  23. putting profit back in
  24. 60
  25. 100
  26. 24
  27. 90
  28. 36
  29. a new video game
  30. 90
  31. 140
  32. 500
  33. buying a second juicer
  34. an emergency fund
  35. more seeds for next time
  36. 400
  37. 400
  38. 240
  39. 360
  40. 128

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