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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 791 · 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 ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  3. 3.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) a piggy bank for later
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  5. 5.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  6. 6.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  8. 8.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  9. 9.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  10. 10.Joseph’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
  13. 13.Zoya’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Which of these is saving? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) profit put in a bank
  17. 17.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Meera’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  20. 20.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  21. 21.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 ₹)?
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) a piggy bank for later
  23. 23.Rohan’s stall made a profit of ₹800. Rohan saves 50% of it. How many rupees are saved?
  24. 24.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  25. 25.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  27. 27.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  29. 29.Riya’s stall made a profit of ₹500. 25% 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 ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Arjun’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Ananya’s stall made a profit of ₹1900. Ananya saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Tara’s stall made a profit of ₹1200. Tara saves 20% of it. How many rupees are saved?

Answer key

  1. 40
  2. spending
  3. a piggy bank for later
  4. saving
  5. a new video game
  6. 763
  7. an emergency fund
  8. can I pay it back?
  9. the cost of borrowing
  10. 240
  11. 120
  12. to keep trust
  13. 240
  14. 180
  15. 108
  16. profit put in a bank
  17. 180
  18. 850
  19. putting profit back in
  20. for bad days and goals
  21. 372
  22. more seeds for next time
  23. 400
  24. buying a second juicer
  25. 42
  26. sweets for yourself
  27. 425
  28. spending
  29. 250
  30. 6
  31. 81
  32. 4
  33. 24
  34. 60
  35. 448
  36. 1180
  37. 14
  38. 475
  39. 1300
  40. 240

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