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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 387 · 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 ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  4. 4.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.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) better paint for cards
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  11. 11.Meera’s stall made a profit of ₹1000. Meera saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) a new video game (d) buying a second juicer
  14. 14.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  16. 16.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  19. 19.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Vihaan’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Meera’s stall made a profit of ₹1100. Meera saves 50% of it. How many rupees are saved?
  22. 22.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  23. 23.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) a cinema ticket
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  26. 26.Ananya’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?
  27. 27.Rohan’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) sweets for yourself
  30. 30.Joseph’s stall made a profit of ₹1500. Joseph saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (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 1 year (in ₹)?
  33. 33.Which of these is spending on yourself? (a) sweets for yourself (b) a piggy bank for later (c) buying a second juicer (d) more seeds for next time
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  35. 35.Ananya’s stall made a profit of ₹300. Ananya saves 25% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) more seeds for next time
  37. 37.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) more seeds for next time
  38. 38.Gurpreet’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 spent?
  39. 39.Which of these is saving? (a) profit put in a bank (b) a new video game (c) sweets for yourself (d) better paint for cards
  40. 40.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 72
  2. 150
  3. putting profit back in
  4. 54
  5. saving
  6. talk to parents
  7. spending
  8. 728
  9. a new video game
  10. to keep trust
  11. 250
  12. 60
  13. buying a second juicer
  14. 63
  15. better paint for cards
  16. 60
  17. 218
  18. spending
  19. 1180
  20. 150
  21. 550
  22. the cost of borrowing
  23. 700
  24. more seeds for next time
  25. reinvesting
  26. 180
  27. 720
  28. 54
  29. an emergency fund
  30. 750
  31. 25
  32. 990
  33. sweets for yourself
  34. saving
  35. 75
  36. a piggy bank for later
  37. a cinema ticket
  38. 825
  39. profit put in a bank
  40. 20

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