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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 622 · 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 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  4. 4.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) sweets for yourself
  5. 5.Which of these is saving? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) more seeds for next time
  6. 6.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  7. 7.Nisha’s stall made a profit of ₹900. Nisha saves 25% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  10. 10.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  12. 12.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Dev’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) better paint for cards
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  16. 16.Ananya’s stall made a profit of ₹1600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Meera’s stall made a profit of ₹800. Meera saves 50% of it. How many rupees are saved?
  18. 18.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  19. 19.Kavya’s stall made a profit of ₹700. Kavya saves 50% of it. How many rupees are saved?
  20. 20.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  22. 22.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Gurpreet’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  26. 26.Meera’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Lakshmi’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  30. 30.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  31. 31.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.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 ₹)?
  36. 36.Meera’s stall made a profit of ₹700. Meera saves 10% of it. How many rupees are saved?
  37. 37.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 10% of it. How many rupees are saved?
  38. 38.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) a cinema ticket
  39. 39.Kavya’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.💡 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

Answer key

  1. 16
  2. 630
  3. to keep trust
  4. a piggy bank for later
  5. profit put in a bank
  6. 280
  7. 225
  8. saving
  9. spending
  10. 981
  11. putting profit back in
  12. 1062
  13. 715
  14. a new video game
  15. saving
  16. 320
  17. 400
  18. sweets for yourself
  19. 350
  20. for bad days and goals
  21. spending
  22. 10
  23. 18
  24. 220
  25. a cinema ticket
  26. 320
  27. 1190
  28. reinvesting
  29. talk to parents
  30. the cost of borrowing
  31. 1062
  32. 1040
  33. 90
  34. 24
  35. 464
  36. 70
  37. 180
  38. buying a second juicer
  39. 180
  40. can I pay it back?

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