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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 27 · 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 ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Zoya’s stall made a profit of ₹1800. Zoya saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Meera’s stall made a profit of ₹300. Meera saves 50% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) a new video game (d) an emergency fund
  10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  11. 11.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 ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  14. 14.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) profit put in a bank
  16. 16.Nisha’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?
  17. 17.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  19. 19.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  20. 20.Dev’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  22. 22.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 20% of it. How many rupees are saved?
  23. 23.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  24. 24.Rohan’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  29. 29.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Dev’s stall made a profit of ₹700. Dev saves 20% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) a new video game
  34. 34.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) more seeds for next time (d) better paint for cards
  36. 36.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Farhan’s stall made a profit of ₹600. Farhan saves 10% of it. How many rupees are saved?
  39. 39.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 spent?
  40. 40.Which of these is saving? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself

Answer key

  1. 72
  2. 30
  3. 450
  4. 720
  5. 150
  6. 12
  7. 412
  8. spending
  9. a new video game
  10. more seeds for next time
  11. 728
  12. spending
  13. saving
  14. 15
  15. profit put in a bank
  16. 990
  17. to keep trust
  18. saving
  19. can I pay it back?
  20. 200
  21. spending
  22. 280
  23. putting profit back in
  24. 750
  25. talk to parents
  26. 520
  27. 530
  28. the cost of borrowing
  29. 210
  30. 140
  31. 27
  32. 1143
  33. better paint for cards
  34. 200
  35. sweets for yourself
  36. 742
  37. 520
  38. 60
  39. 420
  40. a piggy bank for later

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