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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 380 · 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 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Nisha’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  6. 6.Which of these is reinvesting in the business? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
  7. 7.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  8. 8.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) sweets for yourself
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  10. 10.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  11. 11.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  14. 14.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  15. 15.Kavya’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  17. 17.Nisha’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?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  20. 20.Dev’s stall made a profit of ₹600. Dev saves 50% of it. How many rupees are saved?
  21. 21.👪 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
  22. 22.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  26. 26.Kabir’s stall made a profit of ₹200. Kabir saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  29. 29.Which of these is saving? (a) a new video game (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  30. 30.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 ₹)?
  31. 31.Aarav’s stall made a profit of ₹1500. Aarav saves 25% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  33. 33.Joseph’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Rohan’s stall made a profit of ₹1200. Rohan saves 50% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  36. 36.Aarav’s stall made a profit of ₹1100. Aarav saves 50% of it. How many rupees are saved?
  37. 37.Zoya’s stall made a profit of ₹1100. Zoya saves 10% of it. How many rupees are saved?
  38. 38.Ananya’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 16
  2. 200
  3. 780
  4. 324
  5. sweets for yourself
  6. buying a second juicer
  7. the cost of borrowing
  8. profit put in a bank
  9. to keep trust
  10. for bad days and goals
  11. 1062
  12. an emergency fund
  13. saving
  14. 40
  15. 300
  16. putting profit back in
  17. 360
  18. spending
  19. reinvesting
  20. 300
  21. talk to parents
  22. 60
  23. can I pay it back?
  24. saving
  25. saving
  26. 20
  27. 168
  28. a cinema ticket
  29. a piggy bank for later
  30. 472
  31. 375
  32. spending
  33. 900
  34. 600
  35. reinvesting
  36. 550
  37. 110
  38. 360
  39. 36
  40. 990

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