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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 752 · 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 ₹500 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Aarav’s stall made a profit of ₹1300. Aarav saves 25% of it. How many rupees are saved?
  3. 3.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  4. 4.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
  5. 5.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  8. 8.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  10. 10.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  12. 12.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) a cinema ticket
  13. 13.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Joseph’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.Nisha’s stall made a profit of ₹1900. Nisha saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
  22. 22.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  25. 25.Kabir’s stall made a profit of ₹500. Kabir saves 10% of it. How many rupees are saved?
  26. 26.Aarav’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  28. 28.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  29. 29.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  30. 30.Zoya’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  32. 32.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?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  35. 35.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  37. 37.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Riya’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?

Answer key

  1. 135
  2. 325
  3. more seeds for next time
  4. an emergency fund
  5. 4
  6. 140
  7. to keep trust
  8. the cost of borrowing
  9. spending
  10. 580
  11. reinvesting
  12. a cinema ticket
  13. 805
  14. 1020
  15. 770
  16. 950
  17. spending
  18. saving
  19. 190
  20. 72
  21. talk to parents
  22. 40
  23. putting profit back in
  24. reinvesting
  25. 50
  26. 100
  27. for bad days and goals
  28. a new video game
  29. buying a second juicer
  30. 240
  31. saving
  32. 510
  33. spending
  34. reinvesting
  35. 20
  36. better paint for cards
  37. 762
  38. 108
  39. 216
  40. 90

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