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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 664 · 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 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 20% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  5. 5.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) a new video game
  6. 6.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  8. 8.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  10. 10.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  12. 12.Saanvi’s stall made a profit of ₹1700. 10% is saved, 30% 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) hiding it (d) putting profit back in
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  15. 15.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Meera’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) buying a second juicer (d) a piggy bank for later
  18. 18.Farhan’s stall made a profit of ₹200. Farhan saves 20% of it. How many rupees are saved?
  19. 19.Arjun’s stall made a profit of ₹400. Arjun saves 50% of it. How many rupees are saved?
  20. 20.Farhan’s stall made a profit of ₹700. Farhan saves 50% of it. How many rupees are saved?
  21. 21.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  22. 22.Diya’s stall made a profit of ₹1300. Diya saves 50% of it. How many rupees are saved?
  23. 23.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  24. 24.Ananya’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Kavya’s stall made a profit of ₹300. Kavya saves 20% of it. How many rupees are saved?
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  30. 30.Kavya’s stall made a profit of ₹2000. Kavya saves 25% of it. How many rupees are saved?
  31. 31.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
  32. 32.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  34. 34.Ananya’s stall made a profit of ₹500. Ananya saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹700. Zoya saves 20% of it. How many rupees are saved?
  39. 39.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) buying a second juicer (d) a cinema ticket
  40. 40.Farhan’s stall made a profit of ₹800. Farhan saves 20% of it. How many rupees are saved?

Answer key

  1. 8
  2. 120
  3. 327
  4. to keep trust
  5. better paint for cards
  6. 696
  7. a cinema ticket
  8. profit put in a bank
  9. talk to parents
  10. the cost of borrowing
  11. saving
  12. 510
  13. putting profit back in
  14. spending
  15. 12
  16. 200
  17. buying a second juicer
  18. 40
  19. 200
  20. 350
  21. for bad days and goals
  22. 650
  23. can I pay it back?
  24. 560
  25. 125
  26. 72
  27. 96
  28. 60
  29. reinvesting
  30. 500
  31. an emergency fund
  32. reinvesting
  33. saving
  34. 50
  35. 508
  36. 48
  37. 126
  38. 140
  39. a piggy bank for later
  40. 160

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