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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 178 · 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 ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) profit put in a bank
  5. 5.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  6. 6.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  7. 7.Kabir’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.Diya’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Tara’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  12. 12.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) an emergency fund
  13. 13.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) better paint for cards
  14. 14.Nisha’s stall made a profit of ₹400. Nisha saves 25% of it. How many rupees are saved?
  15. 15.Meera’s stall made a profit of ₹700. Meera saves 10% of it. How many rupees are saved?
  16. 16.Nisha’s stall made a profit of ₹200. Nisha saves 50% of it. How many rupees are saved?
  17. 17.Zoya’s stall made a profit of ₹1000. Zoya saves 50% of it. How many rupees are saved?
  18. 18.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  19. 19.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 50% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  22. 22.Lakshmi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
  24. 24.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) a new video game
  26. 26.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  28. 28.Zoya’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Aarav’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) buying a second juicer (d) a new video game
  32. 32.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
  33. 33.Gurpreet’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Nisha’s stall made a profit of ₹700. Nisha saves 10% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (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.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 20
  2. 81
  3. 208
  4. better paint for cards
  5. talk to parents
  6. the cost of borrowing
  7. 270
  8. 440
  9. 60
  10. spending
  11. sweets for yourself
  12. buying a second juicer
  13. a cinema ticket
  14. 100
  15. 70
  16. 100
  17. 500
  18. to keep trust
  19. 850
  20. reinvesting
  21. saving
  22. 440
  23. more seeds for next time
  24. 15
  25. profit put in a bank
  26. 24
  27. saving
  28. 280
  29. 560
  30. 763
  31. a new video game
  32. 120
  33. 250
  34. 48
  35. 70
  36. 20
  37. 10
  38. 214
  39. 49
  40. 118

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