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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 162 · 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.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  2. 2.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  6. 6.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  7. 7.Riya’s stall made a profit of ₹1900. Riya saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  9. 9.Meera’s stall made a profit of ₹700. Meera saves 20% of it. How many rupees are saved?
  10. 10.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  11. 11.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 ₹)?
  12. 12.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) an emergency fund
  13. 13.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
  15. 15.Lakshmi’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  17. 17.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) profit put in a bank
  18. 18.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  19. 19.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Ananya’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Joseph’s stall made a profit of ₹500. Joseph saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  24. 24.Aarav’s stall made a profit of ₹1100. Aarav saves 20% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Kavya’s stall made a profit of ₹300. Kavya saves 10% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  30. 30.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Nisha’s stall made a profit of ₹1000. Nisha saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Diya’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 reinvested?
  36. 36.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
  39. 39.Aarav’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Ananya’s stall made a profit of ₹1100. Ananya saves 25% of it. How many rupees are saved?

Answer key

  1. the cost of borrowing
  2. 412
  3. 200
  4. spending
  5. talk to parents
  6. putting profit back in
  7. 380
  8. spending
  9. 140
  10. to keep trust
  11. 212
  12. an emergency fund
  13. 360
  14. a cinema ticket
  15. 100
  16. saving
  17. profit put in a bank
  18. a new video game
  19. 318
  20. 40
  21. 100
  22. 48
  23. saving
  24. 220
  25. 28
  26. 515
  27. 1035
  28. 30
  29. reinvesting
  30. 8
  31. 45
  32. 110
  33. 100
  34. 56
  35. 160
  36. 600
  37. 742
  38. a piggy bank for later
  39. 900
  40. 275

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