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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 472 · 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 ₹600 from a bank at 10% 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 20% of it. How many rupees are saved?
  3. 3.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  4. 4.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  5. 5.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  6. 6.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) a new video game
  8. 8.Arjun’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) sweets for yourself
  10. 10.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Aarav’s stall made a profit of ₹700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Saanvi’s stall made a profit of ₹1800. Saanvi saves 50% of it. How many rupees are saved?
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  14. 14.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  16. 16.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  18. 18.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Tara’s stall made a profit of ₹1600. Tara saves 25% of it. How many rupees are saved?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  21. 21.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Tara’s stall made a profit of ₹800. Tara saves 50% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  26. 26.Vihaan’s stall made a profit of ₹1900. Vihaan saves 10% of it. How many rupees are saved?
  27. 27.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  28. 28.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  30. 30.Saanvi’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Riya’s stall made a profit of ₹400. Riya saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Joseph’s stall made a profit of ₹1800. Joseph saves 20% of it. How many rupees are saved?
  34. 34.Meera’s stall made a profit of ₹2000. Meera saves 25% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  36. 36.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  38. 38.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 ₹)?
  39. 39.Which of these is spending on yourself? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) profit put in a bank
  40. 40.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 ₹)?

Answer key

  1. 660
  2. 240
  3. a cinema ticket
  4. to keep trust
  5. the cost of borrowing
  6. 770
  7. an emergency fund
  8. 120
  9. profit put in a bank
  10. 16
  11. 280
  12. 900
  13. putting profit back in
  14. 8
  15. saving
  16. 108
  17. reinvesting
  18. 620
  19. 400
  20. talk to parents
  21. 160
  22. 400
  23. 944
  24. for bad days and goals
  25. reinvesting
  26. 190
  27. can I pay it back?
  28. 424
  29. a piggy bank for later
  30. 800
  31. 100
  32. 216
  33. 360
  34. 500
  35. spending
  36. 70
  37. a new video game
  38. 1300
  39. sweets for yourself
  40. 832

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