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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 670 · 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 ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  3. 3.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.Tara’s stall made a profit of ₹600. Tara saves 10% of it. How many rupees are saved?
  5. 5.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  8. 8.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  10. 10.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 ₹)?
  11. 11.Saanvi’s stall made a profit of ₹400. Saanvi saves 50% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹300 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 ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  15. 15.Kabir’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Dev’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  18. 18.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) a cinema ticket
  21. 21.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  22. 22.Kabir’s stall made a profit of ₹1200. Kabir saves 20% of it. How many rupees are saved?
  23. 23.Dev’s stall made a profit of ₹1000. Dev saves 10% of it. How many rupees are saved?
  24. 24.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
  25. 25.Riya’s stall made a profit of ₹1000. Riya saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  27. 27.Kavya’s stall made a profit of ₹1000. Kavya saves 50% of it. How many rupees are saved?
  28. 28.💡 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?
  29. 29.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) an emergency fund
  33. 33.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  37. 37.Saanvi’s stall made a profit of ₹1800. Saanvi saves 20% of it. How many rupees are saved?
  38. 38.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  39. 39.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) a new video game
  40. 40.Nisha’s stall made a profit of ₹1300. Nisha saves 10% of it. How many rupees are saved?

Answer key

  1. 210
  2. an emergency fund
  3. 126
  4. 60
  5. putting profit back in
  6. reinvesting
  7. talk to parents
  8. to keep trust
  9. spending
  10. 1040
  11. 200
  12. 48
  13. 127
  14. profit put in a bank
  15. 220
  16. 80
  17. the cost of borrowing
  18. 36
  19. 525
  20. better paint for cards
  21. sweets for yourself
  22. 240
  23. 100
  24. a piggy bank for later
  25. 250
  26. 64
  27. 500
  28. can I pay it back?
  29. 690
  30. 112
  31. 318
  32. more seeds for next time
  33. 428
  34. 189
  35. a cinema ticket
  36. saving
  37. 360
  38. 120
  39. a new video game
  40. 130

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