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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 19 · 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 ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) buying a second juicer
  3. 3.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  6. 6.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) an emergency fund
  8. 8.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
  9. 9.Saanvi’s stall made a profit of ₹1000. Saanvi saves 25% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  13. 13.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  19. 19.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  22. 22.Riya’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Nisha’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Vihaan’s stall made a profit of ₹1500. Vihaan saves 50% of it. How many rupees are saved?
  32. 32.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  33. 33.Diya’s stall made a profit of ₹1800. 25% 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) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) an emergency fund
  35. 35.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Tara’s stall made a profit of ₹300. Tara saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 324
  2. buying a second juicer
  3. 436
  4. 30
  5. spending
  6. 108
  7. an emergency fund
  8. 700
  9. 250
  10. saving
  11. 150
  12. putting profit back in
  13. 120
  14. saving
  15. 54
  16. 12
  17. reinvesting
  18. talk to parents
  19. 30
  20. saving
  21. reinvesting
  22. 480
  23. 40
  24. 120
  25. 36
  26. 150
  27. 9
  28. 360
  29. 40
  30. 472
  31. 750
  32. the cost of borrowing
  33. 450
  34. better paint for cards
  35. 918
  36. 728
  37. 60
  38. 54
  39. spending
  40. 20

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