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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 535 · 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 ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.Farhan’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Dev’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.Lakshmi’s stall made a profit of ₹2000. Lakshmi saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  7. 7.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  9. 9.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  11. 11.Ishaan’s stall made a profit of ₹400. Ishaan saves 50% of it. How many rupees are saved?
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  13. 13.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
  14. 14.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  17. 17.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Diya’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Farhan’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Tara’s stall made a profit of ₹2000. Tara saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  26. 26.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  27. 27.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  30. 30.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) buying a second juicer
  31. 31.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  33. 33.Kabir’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) profit put in a bank (d) a new video game
  35. 35.Which of these is saving? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) buying a second juicer
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  37. 37.Saanvi’s stall made a profit of ₹1200. Saanvi saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 40
  2. 1100
  3. 1000
  4. 1020
  5. 500
  6. saving
  7. 1030
  8. putting profit back in
  9. a cinema ticket
  10. saving
  11. 200
  12. to keep trust
  13. can I pay it back?
  14. 108
  15. 18
  16. the cost of borrowing
  17. 425
  18. 390
  19. 250
  20. 654
  21. 350
  22. 763
  23. 200
  24. 4
  25. spending
  26. spending
  27. for bad days and goals
  28. spending
  29. reinvesting
  30. an emergency fund
  31. 624
  32. reinvesting
  33. 750
  34. a new video game
  35. profit put in a bank
  36. saving
  37. 120
  38. 535
  39. 275
  40. 360

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