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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 437 · 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 ₹800 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  3. 3.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  6. 6.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  8. 8.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 ₹)?
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  12. 12.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Aarav’s stall made a profit of ₹2000. Aarav saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Kabir’s stall made a profit of ₹200. Kabir saves 10% of it. How many rupees are saved?
  20. 20.Kabir’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Tara’s stall made a profit of ₹1200. Tara saves 10% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  24. 24.Vihaan’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.👪 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
  26. 26.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) buying a second juicer
  28. 28.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  29. 29.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  31. 31.A small family shop borrows ₹800 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 ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  35. 35.Kabir’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.Riya’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Diya’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 spent?
  38. 38.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Diya’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 128
  2. spending
  3. 72
  4. 108
  5. to keep trust
  6. for bad days and goals
  7. saving
  8. 106
  9. saving
  10. a cinema ticket
  11. spending
  12. profit put in a bank
  13. reinvesting
  14. 248
  15. 36
  16. 756
  17. 1000
  18. 6
  19. 20
  20. 180
  21. 120
  22. spending
  23. can I pay it back?
  24. 160
  25. talk to parents
  26. 48
  27. a piggy bank for later
  28. more seeds for next time
  29. 856
  30. reinvesting
  31. 40
  32. 432
  33. better paint for cards
  34. saving
  35. 300
  36. 390
  37. 540
  38. 600
  39. 14
  40. 600

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