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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 292 · 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 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  4. 4.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  5. 5.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  7. 7.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  8. 8.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  10. 10.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  13. 13.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
  14. 14.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a new video game (d) more seeds for next time
  15. 15.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) buying a second juicer
  19. 19.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) buying a second juicer
  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 3 years (in ₹)?
  22. 22.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  26. 26.Zoya’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is saving? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) better paint for cards
  28. 28.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  29. 29.Joseph’s stall made a profit of ₹1400. Joseph saves 50% of it. How many rupees are saved?
  30. 30.Diya’s stall made a profit of ₹1500. Diya saves 20% of it. How many rupees are saved?
  31. 31.Vihaan’s stall made a profit of ₹800. Vihaan saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  33. 33.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) a piggy bank for later
  34. 34.👪 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
  35. 35.Vihaan’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.Rohan’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  40. 40.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 27
  2. saving
  3. sweets for yourself
  4. to keep trust
  5. 416
  6. for bad days and goals
  7. a cinema ticket
  8. 106
  9. can I pay it back?
  10. 318
  11. 90
  12. reinvesting
  13. 130
  14. profit put in a bank
  15. 204
  16. 8
  17. 54
  18. a new video game
  19. 4
  20. buying a second juicer
  21. 424
  22. 749
  23. 636
  24. 30
  25. 70
  26. 315
  27. an emergency fund
  28. putting profit back in
  29. 700
  30. 300
  31. 400
  32. spending
  33. better paint for cards
  34. talk to parents
  35. 220
  36. 214
  37. 120
  38. 24
  39. reinvesting
  40. 918

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