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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 213 · 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 ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  3. 3.Nisha’s stall made a profit of ₹300. Nisha saves 20% of it. How many rupees are saved?
  4. 4.Saanvi’s stall made a profit of ₹1800. Saanvi saves 20% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  7. 7.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  8. 8.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  10. 10.Diya’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
  12. 12.Arjun’s stall made a profit of ₹1700. Arjun saves 25% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  16. 16.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 ₹)?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  18. 18.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) a piggy bank for later
  20. 20.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Rohan’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  25. 25.Ishaan’s stall made a profit of ₹400. Ishaan saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 4% 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.Joseph’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Which of these is saving? (a) a cinema ticket (b) a new video game (c) buying a second juicer (d) an emergency fund
  34. 34.Aarav’s stall made a profit of ₹1600. Aarav saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  37. 37.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  39. 39.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.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 ₹)?

Answer key

  1. 28
  2. the cost of borrowing
  3. 60
  4. 360
  5. 40
  6. buying a second juicer
  7. can I pay it back?
  8. 15
  9. putting profit back in
  10. 210
  11. more seeds for next time
  12. 425
  13. 120
  14. 9
  15. for bad days and goals
  16. 1008
  17. reinvesting
  18. 8
  19. a new video game
  20. 60
  21. 360
  22. 140
  23. saving
  24. spending
  25. 80
  26. 4
  27. 70
  28. 480
  29. 784
  30. saving
  31. 330
  32. 910
  33. an emergency fund
  34. 320
  35. 112
  36. a piggy bank for later
  37. 64
  38. saving
  39. 120
  40. 114

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