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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 805 · 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 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
  3. 3.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
  7. 7.Saanvi’s stall made a profit of ₹400. Saanvi saves 25% of it. How many rupees are saved?
  8. 8.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) better paint for cards
  11. 11.Arjun’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.Kabir’s stall made a profit of ₹1300. Kabir saves 10% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  15. 15.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  17. 17.Saanvi’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Aarav’s stall made a profit of ₹1600. Aarav saves 50% of it. How many rupees are saved?
  19. 19.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  20. 20.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) a new video game
  21. 21.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  22. 22.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  23. 23.Diya’s stall made a profit of ₹800. Diya saves 50% of it. How many rupees are saved?
  24. 24.Aarav’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Ananya’s stall made a profit of ₹1400. Ananya saves 25% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  29. 29.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
  30. 30.Gurpreet’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) profit put in a bank
  32. 32.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  34. 34.Kavya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 20% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
  37. 37.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  38. 38.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 20
  2. for bad days and goals
  3. 40
  4. 80
  5. profit put in a bank
  6. buying a second juicer
  7. 100
  8. 1170
  9. 650
  10. an emergency fund
  11. 200
  12. 42
  13. 130
  14. spending
  15. 824
  16. 654
  17. 420
  18. 800
  19. 280
  20. a new video game
  21. the cost of borrowing
  22. to keep trust
  23. 400
  24. 490
  25. 350
  26. 25
  27. 110
  28. 100
  29. 90
  30. 160
  31. more seeds for next time
  32. 200
  33. spending
  34. 50
  35. 240
  36. a piggy bank for later
  37. can I pay it back?
  38. 121
  39. 140
  40. 60

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