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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 623 · 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 ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is saving? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) sweets for yourself
  4. 4.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  5. 5.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 ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  7. 7.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  9. 9.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  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.Aarav’s stall made a profit of ₹600. Aarav saves 25% of it. How many rupees are saved?
  12. 12.Ananya’s stall made a profit of ₹2000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  18. 18.Saanvi’s stall made a profit of ₹1400. Saanvi saves 25% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  20. 20.Rohan’s stall made a profit of ₹1800. Rohan saves 25% of it. How many rupees are saved?
  21. 21.Tara’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Aarav’s stall made a profit of ₹700. Aarav saves 25% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  24. 24.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  25. 25.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  26. 26.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  27. 27.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Lakshmi’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Tara’s stall made a profit of ₹500. Tara saves 25% of it. How many rupees are saved?
  31. 31.Diya’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  36. 36.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  37. 37.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹1100. Zoya saves 50% of it. How many rupees are saved?
  39. 39.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  40. 40.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) sweets for yourself

Answer key

  1. 2
  2. reinvesting
  3. profit put in a bank
  4. buying a second juicer
  5. 1100
  6. talk to parents
  7. 36
  8. can I pay it back?
  9. 206
  10. 981
  11. 150
  12. 800
  13. 243
  14. 12
  15. spending
  16. 236
  17. a cinema ticket
  18. 350
  19. sweets for yourself
  20. 450
  21. 120
  22. 175
  23. saving
  24. the cost of borrowing
  25. a new video game
  26. a piggy bank for later
  27. 60
  28. 950
  29. 16
  30. 125
  31. 120
  32. 992
  33. 170
  34. 48
  35. spending
  36. to keep trust
  37. 14
  38. 550
  39. for bad days and goals
  40. an emergency fund

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