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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 493 · 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 ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  3. 3.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) a cinema ticket
  6. 6.Kavya’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) a cinema ticket
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  11. 11.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) a new video game (b) better paint for cards (c) buying a second juicer (d) profit put in a bank
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  14. 14.Kabir’s stall made a profit of ₹2000. Kabir saves 20% of it. How many rupees are saved?
  15. 15.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  16. 16.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  17. 17.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Aarav’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  21. 21.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  23. 23.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.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 ₹)?
  25. 25.Dev’s stall made a profit of ₹200. Dev saves 50% of it. How many rupees are saved?
  26. 26.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  27. 27.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  30. 30.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  31. 31.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Kavya’s stall made a profit of ₹1800. Kavya saves 50% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) better paint for cards
  34. 34.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Zoya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Gurpreet’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting

Answer key

  1. 1080
  2. talk to parents
  3. 36
  4. 24
  5. better paint for cards
  6. 150
  7. to keep trust
  8. more seeds for next time
  9. reinvesting
  10. reinvesting
  11. 170
  12. profit put in a bank
  13. saving
  14. 400
  15. a new video game
  16. sweets for yourself
  17. 27
  18. 100
  19. 432
  20. spending
  21. 605
  22. saving
  23. 448
  24. 1090
  25. 100
  26. for bad days and goals
  27. 721
  28. putting profit back in
  29. reinvesting
  30. the cost of borrowing
  31. 756
  32. 900
  33. an emergency fund
  34. 864
  35. 240
  36. 848
  37. 300
  38. a cinema ticket
  39. spending
  40. spending

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