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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 30 · 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 1 year (in ₹)?
  2. 2.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  4. 4.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  6. 6.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.Ananya’s stall made a profit of ₹2000. Ananya saves 25% of it. How many rupees are saved?
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  10. 10.Zoya’s stall made a profit of ₹1200. Zoya saves 25% of it. How many rupees are saved?
  11. 11.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
  12. 12.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  13. 13.Ananya’s stall made a profit of ₹700. Ananya saves 25% of it. How many rupees are saved?
  14. 14.Arjun’s stall made a profit of ₹500. Arjun saves 20% of it. How many rupees are saved?
  15. 15.Which of these is saving? (a) more seeds for next time (b) a new video game (c) better paint for cards (d) profit put in a bank
  16. 16.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Tara’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  19. 19.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  20. 20.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.Dev’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  23. 23.Ishaan’s stall made a profit of ₹200. Ishaan saves 50% of it. How many rupees are saved?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  26. 26.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  27. 27.Nisha’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.Arjun’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  32. 32.Ishaan’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a cinema ticket (d) sweets for yourself
  34. 34.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  35. 35.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Diya’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 24
  2. 42
  3. for bad days and goals
  4. 440
  5. better paint for cards
  6. 80
  7. 24
  8. 500
  9. sweets for yourself
  10. 300
  11. 250
  12. can I pay it back?
  13. 175
  14. 100
  15. profit put in a bank
  16. 735
  17. 200
  18. spending
  19. to keep trust
  20. 864
  21. 280
  22. a cinema ticket
  23. 100
  24. talk to parents
  25. reinvesting
  26. saving
  27. 250
  28. 300
  29. 40
  30. 162
  31. reinvesting
  32. 900
  33. an emergency fund
  34. a new video game
  35. 90
  36. 120
  37. 550
  38. 9
  39. 150
  40. 1090

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