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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 787 · 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 ₹700 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 50% of it. How many rupees are saved?
  3. 3.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  4. 4.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  7. 7.Farhan’s stall made a profit of ₹1100. Farhan saves 10% of it. How many rupees are saved?
  8. 8.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  10. 10.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) a new video game
  13. 13.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) better paint for cards
  15. 15.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  17. 17.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Rohan’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Nisha’s stall made a profit of ₹1300. Nisha saves 10% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Zoya’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  24. 24.Ananya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  27. 27.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  31. 31.Saanvi’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  33. 33.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  36. 36.Aarav’s stall made a profit of ₹1700. Aarav saves 20% of it. How many rupees are saved?
  37. 37.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 ₹)?
  38. 38.Farhan’s stall made a profit of ₹1900. Farhan saves 50% of it. How many rupees are saved?
  39. 39.Diya’s stall made a profit of ₹1000. Diya saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 28
  2. 950
  3. the cost of borrowing
  4. 96
  5. 180
  6. more seeds for next time
  7. 110
  8. for bad days and goals
  9. saving
  10. 708
  11. reinvesting
  12. a new video game
  13. spending
  14. better paint for cards
  15. 992
  16. can I pay it back?
  17. 700
  18. 80
  19. 400
  20. 130
  21. 216
  22. 720
  23. buying a second juicer
  24. 750
  25. 936
  26. reinvesting
  27. 1090
  28. 864
  29. 36
  30. putting profit back in
  31. 260
  32. talk to parents
  33. 35
  34. reinvesting
  35. saving
  36. 340
  37. 580
  38. 950
  39. 100
  40. 118

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