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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 396 · 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 ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  4. 4.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 ₹)?
  5. 5.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  6. 6.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) better paint for cards (d) a cinema ticket
  9. 9.Meera’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  13. 13.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) sweets for yourself
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
  17. 17.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Tara’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.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 ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  22. 22.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  23. 23.Kavya’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.Zoya’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  27. 27.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  29. 29.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 ₹)?
  30. 30.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) a new video game
  33. 33.Gurpreet’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  36. 36.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  37. 37.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Which of these is saving? (a) a new video game (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  40. 40.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 120
  2. 896
  3. saving
  4. 232
  5. more seeds for next time
  6. putting profit back in
  7. saving
  8. better paint for cards
  9. 480
  10. 108
  11. a cinema ticket
  12. for bad days and goals
  13. sweets for yourself
  14. spending
  15. 936
  16. an emergency fund
  17. 832
  18. 480
  19. 990
  20. buying a second juicer
  21. reinvesting
  22. the cost of borrowing
  23. 240
  24. 944
  25. 840
  26. talk to parents
  27. 1150
  28. to keep trust
  29. 630
  30. 1300
  31. 636
  32. a new video game
  33. 1190
  34. 735
  35. spending
  36. can I pay it back?
  37. 24
  38. a piggy bank for later
  39. spending
  40. 1100

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