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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 536 · 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 ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.Zoya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  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 ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  7. 7.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) better paint for cards
  8. 8.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  10. 10.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) a new video game
  11. 11.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) profit put in a bank
  12. 12.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Vihaan’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  15. 15.Rohan’s stall made a profit of ₹200. Rohan saves 20% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Which of these is saving? (a) a cinema ticket (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  20. 20.Ananya’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  25. 25.Tara’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Ishaan’s stall made a profit of ₹1900. Ishaan saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Nisha’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Aarav’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?
  30. 30.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a new video game (d) profit put in a bank
  33. 33.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  34. 34.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Lakshmi’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) a piggy bank for later
  38. 38.Kavya’s stall made a profit of ₹400. Kavya saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 348
  2. 850
  3. 36
  4. 90
  5. saving
  6. 192
  7. better paint for cards
  8. putting profit back in
  9. reinvesting
  10. buying a second juicer
  11. a cinema ticket
  12. 1120
  13. 200
  14. talk to parents
  15. 40
  16. 28
  17. a piggy bank for later
  18. saving
  19. saving
  20. 560
  21. 1210
  22. can I pay it back?
  23. reinvesting
  24. spending
  25. 850
  26. 380
  27. 63
  28. 160
  29. 40
  30. 840
  31. 27
  32. profit put in a bank
  33. an emergency fund
  34. 4
  35. 545
  36. 250
  37. more seeds for next time
  38. 100
  39. 218
  40. 1044

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