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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 223 · 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 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.Vihaan’s stall made a profit of ₹300. Vihaan saves 20% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) more seeds for next time
  5. 5.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 25% of it. How many rupees are saved?
  6. 6.Tara’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 spent?
  7. 7.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  9. 9.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  14. 14.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  15. 15.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  16. 16.Ananya’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  18. 18.Kavya’s stall made a profit of ₹1500. Kavya saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Vihaan’s stall made a profit of ₹500. Vihaan saves 20% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  23. 23.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Joseph’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  27. 27.Which of these is saving? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) a piggy bank for later
  28. 28.Rohan’s stall made a profit of ₹1300. Rohan saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  31. 31.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  32. 32.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Nisha’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.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 ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
  37. 37.Kabir’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Aarav’s stall made a profit of ₹2000. Aarav saves 50% of it. How many rupees are saved?
  40. 40.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 ₹)?

Answer key

  1. 64
  2. 635
  3. 60
  4. profit put in a bank
  5. 50
  6. 1260
  7. 80
  8. to keep trust
  9. 36
  10. 56
  11. an emergency fund
  12. spending
  13. spending
  14. putting profit back in
  15. the cost of borrowing
  16. 680
  17. saving
  18. 300
  19. 102
  20. 100
  21. reinvesting
  22. reinvesting
  23. 515
  24. 570
  25. for bad days and goals
  26. a cinema ticket
  27. a piggy bank for later
  28. 260
  29. 1035
  30. talk to parents
  31. more seeds for next time
  32. 540
  33. 520
  34. 530
  35. 18
  36. buying a second juicer
  37. 400
  38. 1080
  39. 1000
  40. 728

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