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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 695 · 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 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  6. 6.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) a new video game (d) better paint for cards
  8. 8.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  10. 10.Riya’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?
  11. 11.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  12. 12.Nisha’s stall made a profit of ₹200. Nisha saves 25% of it. How many rupees are saved?
  13. 13.Vihaan’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Aarav’s stall made a profit of ₹1000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Kabir’s stall made a profit of ₹200. Kabir saves 25% of it. How many rupees are saved?
  17. 17.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) a new video game (d) better paint for cards
  18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  19. 19.Diya’s stall made a profit of ₹700. Diya saves 20% of it. How many rupees are saved?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  21. 21.Vihaan’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Which of these is saving? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) better paint for cards
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  24. 24.Nisha’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Joseph’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Vihaan’s stall made a profit of ₹900. Vihaan saves 20% of it. How many rupees are saved?
  28. 28.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  29. 29.Ananya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.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 ₹)?
  31. 31.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  34. 34.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  37. 37.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.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 ₹)?

Answer key

  1. 318
  2. buying a second juicer
  3. spending
  4. saving
  5. spending
  6. 12
  7. better paint for cards
  8. the cost of borrowing
  9. spending
  10. 510
  11. for bad days and goals
  12. 50
  13. 100
  14. 81
  15. 500
  16. 50
  17. a new video game
  18. reinvesting
  19. 140
  20. talk to parents
  21. 360
  22. profit put in a bank
  23. saving
  24. 150
  25. 214
  26. 90
  27. 180
  28. sweets for yourself
  29. 100
  30. 318
  31. 9
  32. 12
  33. to keep trust
  34. 672
  35. 840
  36. a cinema ticket
  37. 210
  38. 218
  39. 7
  40. 204

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