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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 660 · 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 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Kabir’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?
  3. 3.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  5. 5.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  6. 6.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  7. 7.Aarav’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  8. 8.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  10. 10.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  12. 12.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  15. 15.Riya’s stall made a profit of ₹400. Riya saves 10% of it. How many rupees are saved?
  16. 16.Riya’s stall made a profit of ₹500. Riya saves 20% of it. How many rupees are saved?
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  18. 18.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Zoya’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Nisha’s stall made a profit of ₹1100. Nisha saves 25% of it. How many rupees are saved?
  21. 21.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) better paint for cards (d) an emergency fund
  22. 22.Tara’s stall made a profit of ₹500. Tara saves 50% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) an emergency fund
  24. 24.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Dev’s stall made a profit of ₹1000. Dev saves 10% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  29. 29.Vihaan’s stall made a profit of ₹2000. Vihaan saves 20% of it. How many rupees are saved?
  30. 30.Dev’s stall made a profit of ₹1500. Dev saves 25% of it. How many rupees are saved?
  31. 31.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) a new video game (d) a piggy bank for later
  32. 32.Saanvi’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  34. 34.Kabir’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?
  35. 35.Arjun’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Meera’s stall made a profit of ₹1100. Meera saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 300
  2. 350
  3. 440
  4. spending
  5. the cost of borrowing
  6. putting profit back in
  7. 390
  8. 54
  9. talk to parents
  10. 18
  11. for bad days and goals
  12. 16
  13. 728
  14. spending
  15. 40
  16. 100
  17. to keep trust
  18. 1180
  19. 1020
  20. 275
  21. an emergency fund
  22. 250
  23. a new video game
  24. 318
  25. 100
  26. saving
  27. saving
  28. reinvesting
  29. 400
  30. 375
  31. better paint for cards
  32. 330
  33. profit put in a bank
  34. 180
  35. 220
  36. 54
  37. 70
  38. 110
  39. 204
  40. 35

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