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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 55 · 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.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  2. 2.Arjun’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  6. 6.Lakshmi’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Nisha’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 reinvested?
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  10. 10.Tara’s stall made a profit of ₹700. Tara saves 50% of it. How many rupees are saved?
  11. 11.Arjun’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?
  12. 12.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.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 ₹)?
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  16. 16.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Riya’s stall made a profit of ₹1200. Riya saves 10% of it. How many rupees are saved?
  18. 18.Vihaan’s stall made a profit of ₹1500. Vihaan saves 50% of it. How many rupees are saved?
  19. 19.Diya’s stall made a profit of ₹300. Diya saves 25% of it. How many rupees are saved?
  20. 20.Meera’s stall made a profit of ₹500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  22. 22.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.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 ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Vihaan’s stall made a profit of ₹1700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) a piggy bank for later
  31. 31.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  35. 35.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  37. 37.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 20% of it. How many rupees are saved?
  38. 38.Vihaan’s stall made a profit of ₹300. Vihaan saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. to keep trust
  2. 300
  3. 1070
  4. sweets for yourself
  5. spending
  6. 1020
  7. 110
  8. 200
  9. saving
  10. 350
  11. 525
  12. 40
  13. 872
  14. 224
  15. reinvesting
  16. 18
  17. 120
  18. 750
  19. 75
  20. 150
  21. can I pay it back?
  22. reinvesting
  23. 1270
  24. 212
  25. 224
  26. 680
  27. 28
  28. 798
  29. 130
  30. a new video game
  31. 24
  32. 45
  33. 48
  34. the cost of borrowing
  35. 180
  36. spending
  37. 200
  38. 150
  39. 896
  40. 575

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