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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 172 · 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 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Ananya’s stall made a profit of ₹700. Ananya saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Meera’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.Kabir’s stall made a profit of ₹800. Kabir saves 50% of it. How many rupees are saved?
  7. 7.Nisha’s stall made a profit of ₹1500. Nisha saves 20% of it. How many rupees are saved?
  8. 8.Ananya’s stall made a profit of ₹1200. Ananya saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Tara’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  12. 12.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is saving? (a) a new video game (b) better paint for cards (c) buying a second juicer (d) a piggy bank for later
  14. 14.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  15. 15.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Dev’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  21. 21.Meera’s stall made a profit of ₹200. Meera saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  27. 27.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) better paint for cards
  28. 28.Zoya’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  31. 31.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  32. 32.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Aarav’s stall made a profit of ₹600. Aarav saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  35. 35.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  37. 37.Nisha’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  39. 39.Aarav’s stall made a profit of ₹1700. Aarav saves 20% of it. How many rupees are saved?
  40. 40.Lakshmi’s stall made a profit of ₹1500. Lakshmi saves 50% of it. How many rupees are saved?

Answer key

  1. 672
  2. 70
  3. 1050
  4. 450
  5. 812
  6. 400
  7. 300
  8. 300
  9. 896
  10. 650
  11. an emergency fund
  12. 324
  13. a piggy bank for later
  14. the cost of borrowing
  15. 80
  16. 48
  17. 600
  18. 242
  19. putting profit back in
  20. talk to parents
  21. 40
  22. 372
  23. 27
  24. 80
  25. spending
  26. reinvesting
  27. better paint for cards
  28. 600
  29. 575
  30. saving
  31. profit put in a bank
  32. 10
  33. 60
  34. reinvesting
  35. 306
  36. to keep trust
  37. 160
  38. a new video game
  39. 340
  40. 750

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