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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 836 · 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 ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  4. 4.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  6. 6.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 10% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) profit put in a bank
  8. 8.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Kavya’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  11. 11.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  13. 13.Kavya’s stall made a profit of ₹1200. Kavya saves 10% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) better paint for cards (d) more seeds for next time
  15. 15.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  18. 18.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  19. 19.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 ₹)?
  20. 20.Nisha’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Meera’s stall made a profit of ₹1500. Meera saves 50% of it. How many rupees are saved?
  22. 22.Meera’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.Zoya’s stall made a profit of ₹500. Zoya saves 25% of it. How many rupees are saved?
  24. 24.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  25. 25.Aarav’s stall made a profit of ₹500. Aarav saves 10% of it. How many rupees are saved?
  26. 26.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  27. 27.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) sweets for yourself
  28. 28.Tara’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Rohan’s stall made a profit of ₹300. Rohan saves 50% of it. How many rupees are saved?
  30. 30.Riya’s stall made a profit of ₹300. Riya saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  33. 33.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.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 ₹)?
  35. 35.Vihaan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Farhan’s stall made a profit of ₹1100. Farhan saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.Ananya’s stall made a profit of ₹1600. Ananya saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. 742
  2. 100
  3. putting profit back in
  4. 36
  5. saving
  6. 160
  7. more seeds for next time
  8. 432
  9. 210
  10. talk to parents
  11. the cost of borrowing
  12. spending
  13. 120
  14. a new video game
  15. 180
  16. 21
  17. profit put in a bank
  18. spending
  19. 354
  20. 240
  21. 750
  22. 180
  23. 125
  24. to keep trust
  25. 50
  26. can I pay it back?
  27. an emergency fund
  28. 540
  29. 150
  30. 60
  31. saving
  32. reinvesting
  33. 100
  34. 968
  35. 320
  36. 32
  37. 220
  38. 612
  39. 320
  40. 63

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