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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 66 · 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 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  4. 4.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  5. 5.Meera’s stall made a profit of ₹700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  7. 7.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  8. 8.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  14. 14.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.👪 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
  16. 16.Rohan’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Aarav’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  19. 19.Lakshmi’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Nisha’s stall made a profit of ₹600. Nisha saves 10% of it. How many rupees are saved?
  22. 22.Rohan’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Kabir’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Meera’s stall made a profit of ₹1700. 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 reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  26. 26.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  27. 27.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.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 ₹)?
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  31. 31.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 20% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹500 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 ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) profit put in a bank (d) a cinema ticket
  35. 35.Saanvi’s stall made a profit of ₹600. Saanvi saves 25% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) buying a second juicer
  37. 37.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  39. 39.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting

Answer key

  1. 162
  2. 60
  3. putting profit back in
  4. the cost of borrowing
  5. 350
  6. an emergency fund
  7. can I pay it back?
  8. 1210
  9. reinvesting
  10. spending
  11. more seeds for next time
  12. for bad days and goals
  13. a cinema ticket
  14. 424
  15. talk to parents
  16. 360
  17. 100
  18. saving
  19. 480
  20. 56
  21. 60
  22. 315
  23. 40
  24. 340
  25. buying a second juicer
  26. to keep trust
  27. 20
  28. 220
  29. 992
  30. reinvesting
  31. 340
  32. 75
  33. 32
  34. profit put in a bank
  35. 150
  36. a new video game
  37. 10
  38. a piggy bank for later
  39. 872
  40. saving

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