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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 322 · 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 ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  4. 4.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  6. 6.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  8. 8.Aarav’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Kavya’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  15. 15.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  16. 16.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  18. 18.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  19. 19.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 ₹)?
  20. 20.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  21. 21.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  23. 23.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) a cinema ticket
  24. 24.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) buying a second juicer
  25. 25.Dev’s stall made a profit of ₹1700. Dev saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  28. 28.Vihaan’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  30. 30.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Dev’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Dev’s stall made a profit of ₹300. Dev saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  37. 37.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) better paint for cards
  39. 39.Lakshmi’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending

Answer key

  1. 16
  2. 1044
  3. reinvesting
  4. 96
  5. profit put in a bank
  6. 96
  7. reinvesting
  8. 160
  9. spending
  10. saving
  11. reinvesting
  12. 896
  13. 1045
  14. saving
  15. the cost of borrowing
  16. 40
  17. to keep trust
  18. more seeds for next time
  19. 318
  20. sweets for yourself
  21. 72
  22. for bad days and goals
  23. a cinema ticket
  24. a piggy bank for later
  25. 340
  26. 30
  27. buying a second juicer
  28. 440
  29. can I pay it back?
  30. 520
  31. 250
  32. 30
  33. 318
  34. 16
  35. 800
  36. an emergency fund
  37. 472
  38. a new video game
  39. 275
  40. spending

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