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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 854 · 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 1 year (in ₹)?
  2. 2.Aarav’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  4. 4.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) a new video game
  5. 5.Diya’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.Diya’s stall made a profit of ₹1300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) better paint for cards (d) a new video game
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  10. 10.Which of these is saving? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  11. 11.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) buying a second juicer
  13. 13.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  15. 15.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Rohan’s stall made a profit of ₹1300. Rohan saves 50% of it. How many rupees are saved?
  17. 17.Meera’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Rohan’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Rohan’s stall made a profit of ₹1000. Rohan saves 25% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  22. 22.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) profit put in a bank
  24. 24.Zoya’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Which of these is saving? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) sweets for yourself
  26. 26.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  27. 27.Tara’s stall made a profit of ₹600. Tara saves 25% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  31. 31.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
  32. 32.Rohan’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Riya’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  39. 39.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. 10
  2. 150
  3. saving
  4. an emergency fund
  5. 80
  6. 520
  7. putting profit back in
  8. better paint for cards
  9. saving
  10. a piggy bank for later
  11. 3
  12. a new video game
  13. 424
  14. the cost of borrowing
  15. 306
  16. 650
  17. 165
  18. 160
  19. 250
  20. spending
  21. spending
  22. 348
  23. more seeds for next time
  24. 480
  25. profit put in a bank
  26. to keep trust
  27. 150
  28. reinvesting
  29. reinvesting
  30. spending
  31. a cinema ticket
  32. 510
  33. 24
  34. 424
  35. 162
  36. 954
  37. 150
  38. talk to parents
  39. 80
  40. 72

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