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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 184 · 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 ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?
  3. 3.Farhan’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Ananya’s stall made a profit of ₹1600. Ananya saves 10% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) profit put in a bank
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  8. 8.Ishaan’s stall made a profit of ₹1300. Ishaan saves 50% of it. How many rupees are saved?
  9. 9.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  10. 10.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  11. 11.Saanvi’s stall made a profit of ₹2000. Saanvi saves 20% of it. How many rupees are saved?
  12. 12.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  13. 13.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) buying a second juicer
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  17. 17.Arjun’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Kabir’s stall made a profit of ₹1400. Kabir saves 10% of it. How many rupees are saved?
  21. 21.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  22. 22.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  28. 28.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Rohan’s stall made a profit of ₹1000. Rohan saves 20% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  32. 32.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  34. 34.Farhan’s stall made a profit of ₹500. Farhan saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Tara’s stall made a profit of ₹500. Tara saves 10% of it. How many rupees are saved?
  37. 37.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
  40. 40.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 936
  2. 140
  3. 200
  4. 545
  5. 160
  6. better paint for cards
  7. talk to parents
  8. 650
  9. for bad days and goals
  10. more seeds for next time
  11. 400
  12. a cinema ticket
  13. 20
  14. an emergency fund
  15. spending
  16. reinvesting
  17. 540
  18. 530
  19. 16
  20. 140
  21. sweets for yourself
  22. 1008
  23. 16
  24. spending
  25. 32
  26. 327
  27. reinvesting
  28. 690
  29. 200
  30. reinvesting
  31. spending
  32. 570
  33. 20
  34. 100
  35. 972
  36. 50
  37. 100
  38. 35
  39. a piggy bank for later
  40. 18

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