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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 616 · 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 ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Meera’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  6. 6.Arjun’s stall made a profit of ₹700. Arjun saves 25% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  9. 9.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  11. 11.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  12. 12.Zoya’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 reinvested?
  13. 13.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) buying a second juicer (d) a cinema ticket
  15. 15.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  17. 17.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Zoya’s stall made a profit of ₹400. Zoya saves 25% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  20. 20.Nisha’s stall made a profit of ₹1600. Nisha saves 25% of it. How many rupees are saved?
  21. 21.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 ₹)?
  22. 22.Gurpreet’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  25. 25.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  29. 29.Vihaan’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  31. 31.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
  33. 33.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  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 ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) sweets for yourself
  38. 38.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  39. 39.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 1270
  2. 120
  3. 21
  4. 240
  5. the cost of borrowing
  6. 175
  7. 18
  8. can I pay it back?
  9. 735
  10. 12
  11. better paint for cards
  12. 80
  13. putting profit back in
  14. buying a second juicer
  15. to keep trust
  16. reinvesting
  17. 464
  18. 100
  19. spending
  20. 400
  21. 218
  22. 1000
  23. reinvesting
  24. saving
  25. 24
  26. 1060
  27. 84
  28. saving
  29. 80
  30. spending
  31. 72
  32. talk to parents
  33. 318
  34. 4
  35. 824
  36. 6
  37. an emergency fund
  38. a new video game
  39. 54
  40. 232

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