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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 401 · 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 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  4. 4.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  6. 6.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  8. 8.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) sweets for yourself
  9. 9.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Vihaan’s stall made a profit of ₹400. Vihaan saves 20% of it. How many rupees are saved?
  11. 11.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 ₹)?
  12. 12.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  14. 14.Vihaan’s stall made a profit of ₹900. Vihaan saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  17. 17.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.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 ₹)?
  21. 21.Zoya’s stall made a profit of ₹1100. Zoya saves 20% of it. How many rupees are saved?
  22. 22.Arjun’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?
  23. 23.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) a cinema ticket
  25. 25.Vihaan’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  27. 27.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) better paint for cards (d) buying a second juicer
  29. 29.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Joseph’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Joseph’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Meera’s stall made a profit of ₹800. Meera saves 25% of it. How many rupees are saved?
  33. 33.Nisha’s stall made a profit of ₹1800. Nisha saves 20% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  35. 35.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 103
  2. 104
  3. the cost of borrowing
  4. better paint for cards
  5. saving
  6. a new video game
  7. talk to parents
  8. an emergency fund
  9. 530
  10. 80
  11. 109
  12. more seeds for next time
  13. saving
  14. 225
  15. spending
  16. reinvesting
  17. 230
  18. 216
  19. 416
  20. 472
  21. 220
  22. 180
  23. 1090
  24. a piggy bank for later
  25. 125
  26. can I pay it back?
  27. 96
  28. sweets for yourself
  29. 21
  30. 200
  31. 165
  32. 200
  33. 360
  34. reinvesting
  35. 45
  36. 16
  37. 218
  38. 42
  39. 54
  40. 550

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