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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 812 · 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 ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  3. 3.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) better paint for cards (b) a cinema ticket (c) an emergency fund (d) a new video game
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  8. 8.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) an emergency fund
  10. 10.Nisha’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  12. 12.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Zoya’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) to waste it later (d) no reason
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  16. 16.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  18. 18.Arjun’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?
  19. 19.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.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 ₹)?
  21. 21.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) an emergency fund
  23. 23.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 ₹)?
  24. 24.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) a piggy bank for later (d) profit put in a bank
  25. 25.Ananya’s stall made a profit of ₹1200. Ananya saves 20% of it. How many rupees are saved?
  26. 26.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  27. 27.Ishaan’s stall made a profit of ₹700. Ishaan saves 10% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  29. 29.Kavya’s stall made a profit of ₹500. Kavya saves 50% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  32. 32.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Arjun’s stall made a profit of ₹400. Arjun saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.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 ₹)?
  38. 38.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Rohan’s stall made a profit of ₹400. Rohan saves 25% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving

Answer key

  1. 54
  2. reinvesting
  3. 70
  4. 10
  5. better paint for cards
  6. reinvesting
  7. saving
  8. 12
  9. more seeds for next time
  10. 150
  11. saving
  12. 54
  13. 90
  14. for bad days and goals
  15. talk to parents
  16. to keep trust
  17. spending
  18. 760
  19. 990
  20. 381
  21. 36
  22. an emergency fund
  23. 816
  24. a new video game
  25. 240
  26. the cost of borrowing
  27. 70
  28. saving
  29. 250
  30. reinvesting
  31. spending
  32. 180
  33. 590
  34. 80
  35. 1030
  36. 126
  37. 110
  38. 672
  39. 100
  40. spending

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