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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 56 · 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 ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  3. 3.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  5. 5.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  6. 6.Ishaan’s stall made a profit of ₹300. Ishaan saves 10% of it. How many rupees are saved?
  7. 7.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  8. 8.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  9. 9.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 ₹)?
  10. 10.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  15. 15.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 ₹)?
  16. 16.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  17. 17.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  18. 18.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  19. 19.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  20. 20.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.Farhan’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  23. 23.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  26. 26.Ananya’s stall made a profit of ₹1200. Ananya saves 25% of it. How many rupees are saved?
  27. 27.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 ₹)?
  28. 28.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
  29. 29.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Tara’s stall made a profit of ₹1100. Tara saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  32. 32.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Which of these is saving? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
  34. 34.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) more seeds for next time
  35. 35.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 4% 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 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹1800. Zoya saves 50% of it. How many rupees are saved?
  40. 40.Nisha’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 981
  2. putting profit back in
  3. 124
  4. talk to parents
  5. sweets for yourself
  6. 30
  7. to keep trust
  8. profit put in a bank
  9. 1100
  10. 24
  11. 64
  12. 32
  13. spending
  14. spending
  15. 535
  16. can I pay it back?
  17. buying a second juicer
  18. the cost of borrowing
  19. a cinema ticket
  20. 36
  21. 80
  22. reinvesting
  23. 42
  24. 27
  25. spending
  26. 300
  27. 660
  28. better paint for cards
  29. 1080
  30. 220
  31. reinvesting
  32. 216
  33. an emergency fund
  34. a new video game
  35. 944
  36. 968
  37. 336
  38. 832
  39. 900
  40. 1200

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