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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 404 · 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 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Meera’s stall made a profit of ₹1200. Meera saves 10% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  4. 4.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) more seeds for next time
  5. 5.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  7. 7.Meera’s stall made a profit of ₹700. Meera saves 20% of it. How many rupees are saved?
  8. 8.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  9. 9.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) sweets for yourself
  10. 10.Arjun’s stall made a profit of ₹300. Arjun saves 25% of it. How many rupees are saved?
  11. 11.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  12. 12.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  14. 14.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  15. 15.Diya’s stall made a profit of ₹400. Diya saves 50% of it. How many rupees are saved?
  16. 16.Vihaan’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  19. 19.Meera’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Dev’s stall made a profit of ₹200. Dev saves 25% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  25. 25.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.Saanvi’s stall made a profit of ₹1600. Saanvi saves 20% of it. How many rupees are saved?
  28. 28.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 ₹)?
  29. 29.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) a piggy bank for later
  30. 30.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Arjun’s stall made a profit of ₹1900. Arjun saves 50% of it. How many rupees are saved?
  32. 32.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) better paint for cards (d) a new video game
  33. 33.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Arjun’s stall made a profit of ₹1400. Arjun saves 50% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  38. 38.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
  39. 39.Meera’s stall made a profit of ₹1800. Meera saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 105
  2. 120
  3. spending
  4. profit put in a bank
  5. 81
  6. an emergency fund
  7. 140
  8. for bad days and goals
  9. buying a second juicer
  10. 75
  11. can I pay it back?
  12. 60
  13. reinvesting
  14. the cost of borrowing
  15. 200
  16. 330
  17. 390
  18. to keep trust
  19. 220
  20. 50
  21. spending
  22. 106
  23. 510
  24. saving
  25. 1143
  26. 612
  27. 320
  28. 230
  29. a piggy bank for later
  30. 936
  31. 950
  32. a new video game
  33. 590
  34. 700
  35. reinvesting
  36. saving
  37. saving
  38. a cinema ticket
  39. 450
  40. 56

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