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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 795 · 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 ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  3. 3.Farhan’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Ananya’s stall made a profit of ₹1200. Ananya saves 10% of it. How many rupees are saved?
  5. 5.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  6. 6.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  8. 8.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) more seeds for next time
  10. 10.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Aarav’s stall made a profit of ₹1600. Aarav saves 10% of it. How many rupees are saved?
  12. 12.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) an emergency fund
  13. 13.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Kabir’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Tara’s stall made a profit of ₹1600. Tara saves 20% of it. How many rupees are saved?
  16. 16.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  17. 17.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  18. 18.Kabir’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?
  19. 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  20. 20.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  22. 22.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.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
  27. 27.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.Vihaan’s stall made a profit of ₹1900. Vihaan saves 10% of it. How many rupees are saved?
  33. 33.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Saanvi’s stall made a profit of ₹1100. Saanvi saves 25% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) a cinema ticket
  37. 37.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  38. 38.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) profit put in a bank (d) better paint for cards
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?

Answer key

  1. 312
  2. talk to parents
  3. 380
  4. 120
  5. for bad days and goals
  6. 160
  7. reinvesting
  8. 381
  9. a new video game
  10. 545
  11. 160
  12. an emergency fund
  13. 180
  14. 650
  15. 320
  16. buying a second juicer
  17. the cost of borrowing
  18. 250
  19. saving
  20. to keep trust
  21. spending
  22. 6
  23. 10
  24. 40
  25. 460
  26. better paint for cards
  27. 354
  28. 63
  29. 780
  30. 1200
  31. 1070
  32. 190
  33. 200
  34. 744
  35. 275
  36. profit put in a bank
  37. 650
  38. sweets for yourself
  39. 204
  40. 200

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