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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 179 · 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 ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  4. 4.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  6. 6.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  7. 7.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Nisha’s stall made a profit of ₹800. Nisha saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  13. 13.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  14. 14.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  16. 16.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 25% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  18. 18.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
  19. 19.Saanvi’s stall made a profit of ₹600. Saanvi saves 10% of it. How many rupees are saved?
  20. 20.Arjun’s stall made a profit of ₹200. Arjun saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  24. 24.Farhan’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  26. 26.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  27. 27.Joseph’s stall made a profit of ₹1900. Joseph saves 25% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) a new video game
  29. 29.Ishaan’s stall made a profit of ₹1600. Ishaan saves 25% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) more seeds for next time
  31. 31.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  32. 32.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Kabir’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  35. 35.Aarav’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) profit put in a bank
  37. 37.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 ₹)?
  38. 38.Ananya’s stall made a profit of ₹400. Ananya saves 50% of it. How many rupees are saved?
  39. 39.Meera’s stall made a profit of ₹1900. 10% 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 ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 20
  2. 12
  3. putting profit back in
  4. 1044
  5. can I pay it back?
  6. an emergency fund
  7. 168
  8. 200
  9. 126
  10. buying a second juicer
  11. spending
  12. saving
  13. a piggy bank for later
  14. the cost of borrowing
  15. to keep trust
  16. 350
  17. reinvesting
  18. 350
  19. 60
  20. 40
  21. 84
  22. 944
  23. spending
  24. 480
  25. talk to parents
  26. 170
  27. 475
  28. profit put in a bank
  29. 400
  30. more seeds for next time
  31. for bad days and goals
  32. 114
  33. 60
  34. better paint for cards
  35. 550
  36. a new video game
  37. 348
  38. 200
  39. 380
  40. 354

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