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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 316 · 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 1 year (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  3. 3.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  4. 4.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  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.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) buying a second juicer
  9. 9.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  13. 13.Joseph’s stall made a profit of ₹1000. Joseph saves 20% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  16. 16.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  17. 17.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  20. 20.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Ananya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Saanvi’s stall made a profit of ₹1000. Saanvi saves 50% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Lakshmi’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 reinvested?
  27. 27.Farhan’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?
  28. 28.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  29. 29.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  31. 31.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  32. 32.Rohan’s stall made a profit of ₹1900. Rohan saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 25% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 9
  2. more seeds for next time
  3. talk to parents
  4. 48
  5. putting profit back in
  6. for bad days and goals
  7. 210
  8. profit put in a bank
  9. 80
  10. 224
  11. 309
  12. the cost of borrowing
  13. 200
  14. 90
  15. reinvesting
  16. to keep trust
  17. 618
  18. 109
  19. buying a second juicer
  20. 24
  21. 40
  22. 500
  23. reinvesting
  24. spending
  25. 954
  26. 600
  27. 990
  28. a cinema ticket
  29. 1080
  30. reinvesting
  31. better paint for cards
  32. 190
  33. spending
  34. saving
  35. 354
  36. 18
  37. 75
  38. 448
  39. can I pay it back?
  40. 832

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