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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 50 · 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 ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Aarav’s stall made a profit of ₹200. Aarav saves 10% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  4. 4.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  5. 5.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  7. 7.Rohan’s stall made a profit of ₹300. Rohan saves 20% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  9. 9.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) more seeds for next time
  10. 10.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  11. 11.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a new video game
  12. 12.Zoya’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  14. 14.Arjun’s stall made a profit of ₹2000. Arjun saves 10% of it. How many rupees are saved?
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  16. 16.👪 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
  17. 17.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Gurpreet’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Meera’s stall made a profit of ₹600. Meera saves 20% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  25. 25.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  27. 27.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 10% of it. How many rupees are saved?
  31. 31.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  32. 32.Zoya’s stall made a profit of ₹1200. Zoya saves 10% of it. How many rupees are saved?
  33. 33.Tara’s stall made a profit of ₹200. Tara saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  36. 36.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all 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 3 years (in ₹)?
  39. 39.Joseph’s stall made a profit of ₹600. Joseph saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 126
  2. 20
  3. saving
  4. putting profit back in
  5. 90
  6. for bad days and goals
  7. 60
  8. saving
  9. a new video game
  10. an emergency fund
  11. profit put in a bank
  12. 525
  13. reinvesting
  14. 200
  15. to keep trust
  16. talk to parents
  17. 48
  18. 32
  19. 120
  20. 120
  21. 6
  22. 60
  23. 300
  24. sweets for yourself
  25. 240
  26. a piggy bank for later
  27. 45
  28. 327
  29. 32
  30. 160
  31. the cost of borrowing
  32. 120
  33. 20
  34. 372
  35. can I pay it back?
  36. 103
  37. 236
  38. 872
  39. 60
  40. 4

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