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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 384 · 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.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  2. 2.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  5. 5.Vihaan’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.Meera’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Ananya’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  13. 13.👪 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
  14. 14.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  15. 15.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  16. 16.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  17. 17.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  19. 19.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Nisha’s stall made a profit of ₹1500. Nisha saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Gurpreet’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  26. 26.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) more seeds for next time
  28. 28.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  29. 29.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a new video game
  30. 30.Farhan’s stall made a profit of ₹900. Farhan saves 50% of it. How many rupees are saved?
  31. 31.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 ₹)?
  32. 32.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Riya’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Aarav’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Rohan’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Nisha’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. to keep trust
  2. 126
  3. reinvesting
  4. reinvesting
  5. 120
  6. saving
  7. 350
  8. 8
  9. 120
  10. 54
  11. 106
  12. a cinema ticket
  13. talk to parents
  14. for bad days and goals
  15. a new video game
  16. buying a second juicer
  17. 18
  18. spending
  19. 84
  20. 12
  21. 150
  22. 72
  23. 30
  24. 650
  25. more seeds for next time
  26. 28
  27. an emergency fund
  28. sweets for yourself
  29. profit put in a bank
  30. 450
  31. 224
  32. 1080
  33. 236
  34. 600
  35. 112
  36. 240
  37. 135
  38. 240
  39. 232
  40. 15

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