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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 823 · 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 ₹800 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  8. 8.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  9. 9.Gurpreet’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  11. 11.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  12. 12.Riya’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  14. 14.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 ₹)?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  17. 17.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Kavya’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  21. 21.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) an emergency fund
  22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  23. 23.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) a new video game (d) better paint for cards
  26. 26.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  27. 27.Lakshmi’s stall made a profit of ₹200. Lakshmi saves 10% of it. How many rupees are saved?
  28. 28.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  29. 29.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  31. 31.Diya’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  34. 34.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  35. 35.Ishaan’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. 920
  2. 90
  3. 100
  4. 6
  5. 1080
  6. 7
  7. the cost of borrowing
  8. for bad days and goals
  9. 450
  10. buying a second juicer
  11. 108
  12. 280
  13. saving
  14. 1170
  15. talk to parents
  16. a cinema ticket
  17. 100
  18. 20
  19. 660
  20. 54
  21. an emergency fund
  22. spending
  23. 24
  24. 63
  25. a piggy bank for later
  26. spending
  27. 20
  28. to keep trust
  29. reinvesting
  30. saving
  31. 720
  32. 54
  33. spending
  34. putting profit back in
  35. 850
  36. 140
  37. 309
  38. 763
  39. 108
  40. 1035

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