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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 796 · 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 ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  4. 4.Meera’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
  6. 6.Ananya’s stall made a profit of ₹800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  9. 9.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.Diya’s stall made a profit of ₹1400. Diya saves 10% of it. How many rupees are saved?
  12. 12.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  14. 14.Ishaan’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) profit put in a bank (d) a piggy bank for later
  17. 17.Rohan’s stall made a profit of ₹700. Rohan saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Diya’s stall made a profit of ₹900. Diya saves 10% of it. How many rupees are saved?
  20. 20.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  21. 21.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  23. 23.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  25. 25.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) an emergency fund
  26. 26.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Joseph’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Dev’s stall made a profit of ₹1000. Dev saves 50% of it. How many rupees are saved?
  30. 30.Arjun’s stall made a profit of ₹600. Arjun saves 50% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Diya’s stall made a profit of ₹1000. Diya saves 50% of it. How many rupees are saved?
  35. 35.Aarav’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  39. 39.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Which of these is saving? (a) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time

Answer key

  1. 10
  2. putting profit back in
  3. sweets for yourself
  4. 760
  5. for bad days and goals
  6. 400
  7. reinvesting
  8. spending
  9. 936
  10. 968
  11. 140
  12. better paint for cards
  13. talk to parents
  14. 420
  15. 345
  16. buying a second juicer
  17. 70
  18. 440
  19. 90
  20. to keep trust
  21. 12
  22. saving
  23. 510
  24. spending
  25. an emergency fund
  26. 756
  27. 1020
  28. 1040
  29. 500
  30. 300
  31. 840
  32. 944
  33. 816
  34. 500
  35. 200
  36. 189
  37. 60
  38. the cost of borrowing
  39. 330
  40. a piggy bank for later

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