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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 73 · 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.Riya’s stall made a profit of ₹1200. Riya saves 20% of it. How many rupees are saved?
  2. 2.Dev’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹200 from a bank at 8% 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 pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  5. 5.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) an emergency fund (d) a new video game
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  8. 8.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  11. 11.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  13. 13.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.Vihaan’s stall made a profit of ₹400. Vihaan saves 50% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.Aarav’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  21. 21.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  22. 22.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  23. 23.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  25. 25.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  26. 26.Saanvi’s stall made a profit of ₹1200. Saanvi saves 20% of it. How many rupees are saved?
  27. 27.Rohan’s stall made a profit of ₹400. Rohan saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Zoya’s stall made a profit of ₹2000. Zoya saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  32. 32.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) more seeds for next time (d) buying a second juicer
  33. 33.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
  34. 34.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹200 from a bank at 8% 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 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Which of these is saving? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) an emergency fund
  39. 39.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 240
  2. 780
  3. 248
  4. to keep trust
  5. buying a second juicer
  6. talk to parents
  7. spending
  8. 360
  9. putting profit back in
  10. reinvesting
  11. 1120
  12. saving
  13. 24
  14. 200
  15. 32
  16. 340
  17. 168
  18. 40
  19. saving
  20. saving
  21. can I pay it back?
  22. profit put in a bank
  23. 254
  24. a cinema ticket
  25. the cost of borrowing
  26. 240
  27. 40
  28. 1062
  29. 500
  30. 260
  31. 224
  32. sweets for yourself
  33. for bad days and goals
  34. 42
  35. 372
  36. 32
  37. 126
  38. an emergency fund
  39. 8
  40. 440

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