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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 684 · 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 ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  4. 4.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
  6. 6.Rohan’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  12. 12.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Vihaan’s stall made a profit of ₹1700. Vihaan saves 20% of it. How many rupees are saved?
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  15. 15.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  18. 18.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) an emergency fund
  21. 21.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  23. 23.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  24. 24.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Aarav’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Saanvi’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 reinvested?
  27. 27.Aarav’s stall made a profit of ₹500. Aarav saves 25% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Ishaan’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Ishaan’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Vihaan’s stall made a profit of ₹500. Vihaan saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Vihaan’s stall made a profit of ₹1700. Vihaan saves 50% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  38. 38.Dev’s stall made a profit of ₹2000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.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 ₹)?
  40. 40.Meera’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 18
  2. spending
  3. reinvesting
  4. 28
  5. profit put in a bank
  6. 220
  7. 112
  8. 24
  9. 636
  10. 624
  11. the cost of borrowing
  12. 1160
  13. 340
  14. buying a second juicer
  15. saving
  16. spending
  17. talk to parents
  18. 324
  19. putting profit back in
  20. a new video game
  21. 28
  22. saving
  23. can I pay it back?
  24. 8
  25. 120
  26. 210
  27. 125
  28. 381
  29. 612
  30. 320
  31. 360
  32. 125
  33. 896
  34. 850
  35. a cinema ticket
  36. reinvesting
  37. saving
  38. 800
  39. 981
  40. 175

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