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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 246 · 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 ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  4. 4.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  6. 6.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  8. 8.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  11. 11.Tara’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  13. 13.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) an emergency fund
  14. 14.Tara’s stall made a profit of ₹1700. Tara saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Ananya’s stall made a profit of ₹2000. Ananya saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Kabir’s stall made a profit of ₹600. Kabir saves 50% of it. How many rupees are saved?
  19. 19.Which of these is saving? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  20. 20.Vihaan’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.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 ₹)?
  22. 22.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  23. 23.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 50% of it. How many rupees are saved?
  24. 24.Meera’s stall made a profit of ₹600. Meera saves 10% of it. How many rupees are saved?
  25. 25.Vihaan’s stall made a profit of ₹900. Vihaan saves 20% of it. How many rupees are saved?
  26. 26.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  27. 27.Meera’s stall made a profit of ₹200. Meera saves 20% of it. How many rupees are saved?
  28. 28.Diya’s stall made a profit of ₹1900. Diya saves 50% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  31. 31.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  33. 33.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Lakshmi’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  38. 38.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) more seeds for next time (d) a new video game
  39. 39.Kabir’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter

Answer key

  1. 30
  2. 612
  3. sweets for yourself
  4. 130
  5. the cost of borrowing
  6. 6
  7. spending
  8. 350
  9. 60
  10. saving
  11. 510
  12. talk to parents
  13. better paint for cards
  14. 170
  15. 315
  16. 200
  17. 118
  18. 300
  19. an emergency fund
  20. 600
  21. 436
  22. a piggy bank for later
  23. 350
  24. 60
  25. 180
  26. for bad days and goals
  27. 40
  28. 950
  29. buying a second juicer
  30. spending
  31. 15
  32. putting profit back in
  33. 84
  34. 105
  35. 14
  36. 495
  37. profit put in a bank
  38. a new video game
  39. 880
  40. to keep trust

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