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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 579 · 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 ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  4. 4.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  7. 7.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  9. 9.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  12. 12.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) sweets for yourself
  13. 13.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  15. 15.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) a new video game (d) a cinema ticket
  16. 16.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Rohan’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  21. 21.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  23. 23.Diya’s stall made a profit of ₹700. Diya saves 25% of it. How many rupees are saved?
  24. 24.Farhan’s stall made a profit of ₹400. Farhan saves 25% of it. How many rupees are saved?
  25. 25.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  26. 26.👪 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
  27. 27.Ishaan’s stall made a profit of ₹1800. Ishaan saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Rohan’s stall made a profit of ₹1100. Rohan saves 25% of it. How many rupees are saved?
  30. 30.Which of these is saving? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) more seeds for next time
  31. 31.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 ₹)?
  32. 32.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Nisha’s stall made a profit of ₹1200. Nisha saves 50% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  36. 36.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Ishaan’s stall made a profit of ₹1300. Ishaan saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Nisha’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting

Answer key

  1. 72
  2. saving
  3. sweets for yourself
  4. 848
  5. 954
  6. saving
  7. can I pay it back?
  8. saving
  9. 12
  10. to keep trust
  11. spending
  12. an emergency fund
  13. 180
  14. reinvesting
  15. a piggy bank for later
  16. 672
  17. 750
  18. 824
  19. 114
  20. a cinema ticket
  21. 24
  22. spending
  23. 175
  24. 100
  25. putting profit back in
  26. talk to parents
  27. 450
  28. 60
  29. 275
  30. profit put in a bank
  31. 1044
  32. 90
  33. 36
  34. 600
  35. spending
  36. 218
  37. 130
  38. 45
  39. 360
  40. reinvesting

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