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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 221 · 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 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.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 ₹)?
  3. 3.Farhan’s stall made a profit of ₹1100. Farhan saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  7. 7.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Ananya’s stall made a profit of ₹800. Ananya saves 10% of it. How many rupees are saved?
  10. 10.Vihaan’s stall made a profit of ₹1700. Vihaan saves 25% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  14. 14.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 ₹)?
  15. 15.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  18. 18.Lakshmi’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Ishaan’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  24. 24.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) buying a second juicer
  25. 25.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Kabir’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  28. 28.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Zoya’s stall made a profit of ₹1400. Zoya saves 25% of it. How many rupees are saved?
  32. 32.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
  33. 33.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  34. 34.Aarav’s stall made a profit of ₹500. Aarav saves 50% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  36. 36.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  37. 37.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  38. 38.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  40. 40.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 990
  2. 114
  3. 275
  4. 72
  5. buying a second juicer
  6. reinvesting
  7. 726
  8. 36
  9. 80
  10. 425
  11. reinvesting
  12. saving
  13. saving
  14. 324
  15. 20
  16. can I pay it back?
  17. spending
  18. 540
  19. 896
  20. 36
  21. 240
  22. 990
  23. talk to parents
  24. an emergency fund
  25. 8
  26. 960
  27. spending
  28. 624
  29. 90
  30. 456
  31. 350
  32. for bad days and goals
  33. a cinema ticket
  34. 250
  35. sweets for yourself
  36. spending
  37. better paint for cards
  38. 981
  39. reinvesting
  40. 6

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