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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 726 · 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 ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  6. 6.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  7. 7.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  8. 8.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Dev’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Dev’s stall made a profit of ₹2000. Dev saves 20% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  12. 12.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a new video game
  14. 14.Meera’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  17. 17.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Tara’s stall made a profit of ₹700. Tara saves 20% of it. How many rupees are saved?
  19. 19.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  20. 20.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Riya’s stall made a profit of ₹400. Riya saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.Ananya’s stall made a profit of ₹1700. Ananya saves 50% of it. How many rupees are saved?
  24. 24.Kabir’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?
  25. 25.Vihaan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) sweets for yourself
  28. 28.Kabir’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Zoya’s stall made a profit of ₹500. Zoya saves 50% of it. How many rupees are saved?
  30. 30.Dev’s stall made a profit of ₹1200. Dev saves 25% of it. How many rupees are saved?
  31. 31.Ananya’s stall made a profit of ₹800. Ananya saves 20% of it. How many rupees are saved?
  32. 32.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  33. 33.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  35. 35.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
  37. 37.Ananya’s stall made a profit of ₹1500. Ananya saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Zoya’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Aarav’s stall made a profit of ₹900. Aarav saves 10% of it. How many rupees are saved?

Answer key

  1. 189
  2. 18
  3. 112
  4. 18
  5. saving
  6. to keep trust
  7. a cinema ticket
  8. 342
  9. 250
  10. 400
  11. spending
  12. a new video game
  13. buying a second juicer
  14. 680
  15. reinvesting
  16. saving
  17. 32
  18. 140
  19. can I pay it back?
  20. 635
  21. 40
  22. 3
  23. 850
  24. 100
  25. 1200
  26. 50
  27. a piggy bank for later
  28. 80
  29. 250
  30. 300
  31. 160
  32. putting profit back in
  33. 742
  34. saving
  35. 90
  36. better paint for cards
  37. 750
  38. 180
  39. 225
  40. 90

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