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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 364 · 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 ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Tara’s stall made a profit of ₹600. Tara saves 20% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  4. 4.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  5. 5.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  6. 6.Saanvi’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  8. 8.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Ishaan’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Kavya’s stall made a profit of ₹1500. Kavya saves 10% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) an emergency fund
  12. 12.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  13. 13.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  16. 16.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.Aarav’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  21. 21.Farhan’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  24. 24.A small family shop borrows ₹800 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 ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Aarav’s stall made a profit of ₹900. Aarav saves 50% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  29. 29.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  31. 31.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.Farhan’s stall made a profit of ₹600. Farhan saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  37. 37.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 50% of it. How many rupees are saved?
  38. 38.Dev’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 120
  2. 120
  3. spending
  4. the cost of borrowing
  5. sweets for yourself
  6. 180
  7. to keep trust
  8. 390
  9. 240
  10. 150
  11. an emergency fund
  12. better paint for cards
  13. a piggy bank for later
  14. reinvesting
  15. talk to parents
  16. 28
  17. 48
  18. 108
  19. 300
  20. profit put in a bank
  21. 60
  22. 400
  23. a new video game
  24. 56
  25. 180
  26. 109
  27. 450
  28. reinvesting
  29. more seeds for next time
  30. putting profit back in
  31. 118
  32. 630
  33. 150
  34. 72
  35. 14
  36. a cinema ticket
  37. 600
  38. 300
  39. 18
  40. 216

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