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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 34 · 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 ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a new video game (d) buying a second juicer
  5. 5.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Arjun’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 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
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) better paint for cards
  10. 10.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  17. 17.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) a new video game
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  29. 29.Kabir’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?
  30. 30.Ishaan’s stall made a profit of ₹1900. Ishaan saves 10% of it. How many rupees are saved?
  31. 31.Ishaan’s stall made a profit of ₹2000. Ishaan saves 50% of it. How many rupees are saved?
  32. 32.Riya’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  35. 35.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
  36. 36.Lakshmi’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Farhan’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Vihaan’s stall made a profit of ₹500. Vihaan saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 960
  2. 350
  3. a cinema ticket
  4. buying a second juicer
  5. 27
  6. 102
  7. 720
  8. for bad days and goals
  9. better paint for cards
  10. the cost of borrowing
  11. reinvesting
  12. spending
  13. a piggy bank for later
  14. saving
  15. spending
  16. spending
  17. 220
  18. reinvesting
  19. 72
  20. more seeds for next time
  21. saving
  22. 128
  23. 8
  24. 35
  25. 36
  26. 1050
  27. 770
  28. saving
  29. 420
  30. 190
  31. 1000
  32. 360
  33. 72
  34. to keep trust
  35. sweets for yourself
  36. 360
  37. 340
  38. 250
  39. 927
  40. 114

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