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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 41 · 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 ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Riya’s stall made a profit of ₹1800. Riya saves 20% of it. How many rupees are saved?
  3. 3.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  6. 6.Ananya’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  8. 8.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) profit put in a bank
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  10. 10.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) a cinema ticket
  11. 11.Rohan’s stall made a profit of ₹1000. Rohan saves 25% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  14. 14.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 25% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹1400. Rohan saves 10% of it. How many rupees are saved?
  17. 17.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 ₹)?
  18. 18.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) a piggy bank for later
  19. 19.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  20. 20.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Ishaan’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  26. 26.Rohan’s stall made a profit of ₹1800. Rohan saves 20% of it. How many rupees are saved?
  27. 27.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  29. 29.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Kabir’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  33. 33.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Diya’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing

Answer key

  1. 14
  2. 360
  3. 400
  4. 315
  5. spending
  6. 180
  7. saving
  8. a new video game
  9. talk to parents
  10. profit put in a bank
  11. 250
  12. 80
  13. more seeds for next time
  14. 75
  15. 960
  16. 140
  17. 612
  18. sweets for yourself
  19. putting profit back in
  20. 18
  21. 420
  22. 440
  23. 106
  24. spending
  25. reinvesting
  26. 360
  27. a cinema ticket
  28. saving
  29. 1070
  30. 600
  31. 100
  32. reinvesting
  33. 636
  34. 744
  35. 96
  36. 1090
  37. 12
  38. 824
  39. 280
  40. the cost of borrowing

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