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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 230 · 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 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) better paint for cards
  3. 3.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 ₹)?
  4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  5. 5.Diya’s stall made a profit of ₹800. Diya saves 50% of it. How many rupees are saved?
  6. 6.👪 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
  7. 7.Kavya’s stall made a profit of ₹1900. Kavya saves 10% of it. How many rupees are saved?
  8. 8.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  9. 9.Riya’s stall made a profit of ₹400. Riya saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  11. 11.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 ₹)?
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  13. 13.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  14. 14.Ananya’s stall made a profit of ₹1100. Ananya saves 20% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  16. 16.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  17. 17.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  18. 18.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  23. 23.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a new video game (d) an emergency fund
  24. 24.Arjun’s stall made a profit of ₹1700. Arjun saves 10% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  26. 26.Aarav’s stall made a profit of ₹1500. Aarav saves 25% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Rohan’s stall made a profit of ₹1800. Rohan saves 20% of it. How many rupees are saved?
  29. 29.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 ₹)?
  30. 30.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Nisha’s stall made a profit of ₹1300. Nisha saves 25% of it. How many rupees are saved?
  33. 33.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) profit put in a bank
  34. 34.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 ₹)?
  35. 35.Zoya’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Tara’s stall made a profit of ₹1700. Tara saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 27
  2. better paint for cards
  3. 327
  4. can I pay it back?
  5. 400
  6. talk to parents
  7. 190
  8. a cinema ticket
  9. 40
  10. spending
  11. 990
  12. for bad days and goals
  13. profit put in a bank
  14. 220
  15. reinvesting
  16. to keep trust
  17. a piggy bank for later
  18. 126
  19. the cost of borrowing
  20. saving
  21. 408
  22. reinvesting
  23. an emergency fund
  24. 170
  25. saving
  26. 375
  27. 464
  28. 360
  29. 624
  30. 763
  31. 10
  32. 325
  33. more seeds for next time
  34. 896
  35. 1000
  36. 63
  37. 150
  38. 108
  39. 340
  40. 36

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