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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 497 · 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 ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  5. 5.Which of these is saving? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) sweets for yourself
  6. 6.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Saanvi’s stall made a profit of ₹1800. Saanvi saves 25% of it. How many rupees are saved?
  8. 8.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 ₹)?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  10. 10.Meera’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  12. 12.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  15. 15.Ananya’s stall made a profit of ₹1200. Ananya saves 50% of it. How many rupees are saved?
  16. 16.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  17. 17.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Farhan’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.Farhan’s stall made a profit of ₹1700. Farhan saves 50% of it. How many rupees are saved?
  23. 23.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  24. 24.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 ₹)?
  25. 25.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  26. 26.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.Which of these is saving? (a) a new video game (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  28. 28.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.Nisha’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  31. 31.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  32. 32.Kabir’s stall made a profit of ₹1000. Kabir saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  34. 34.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  36. 36.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) an emergency fund (d) buying a second juicer
  38. 38.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting

Answer key

  1. 560
  2. 127
  3. reinvesting
  4. sweets for yourself
  5. an emergency fund
  6. 224
  7. 450
  8. 660
  9. talk to parents
  10. 320
  11. saving
  12. 472
  13. spending
  14. reinvesting
  15. 600
  16. buying a second juicer
  17. 212
  18. 60
  19. 200
  20. 40
  21. 618
  22. 850
  23. 100
  24. 448
  25. to keep trust
  26. 120
  27. profit put in a bank
  28. 150
  29. 520
  30. saving
  31. can I pay it back?
  32. 100
  33. reinvesting
  34. 104
  35. spending
  36. 30
  37. a new video game
  38. 6
  39. more seeds for next time
  40. spending

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