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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 876 · 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 ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) more seeds for next time
  3. 3.Meera’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  6. 6.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Vihaan’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  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.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  10. 10.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Ananya’s stall made a profit of ₹1500. Ananya saves 25% of it. How many rupees are saved?
  15. 15.Riya’s stall made a profit of ₹1700. Riya saves 20% of it. How many rupees are saved?
  16. 16.Gurpreet’s stall made a profit of ₹1100. Gurpreet saves 20% of it. How many rupees are saved?
  17. 17.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  18. 18.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a new video game (d) a piggy bank for later
  19. 19.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  20. 20.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 ₹)?
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  22. 22.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  23. 23.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  25. 25.Meera’s stall made a profit of ₹800. Meera saves 50% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 50% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  31. 31.Joseph’s stall made a profit of ₹2000. Joseph saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  37. 37.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 10% of it. How many rupees are saved?
  38. 38.Nisha’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?
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  40. 40.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 8
  2. a piggy bank for later
  3. 250
  4. 840
  5. putting profit back in
  6. 64
  7. 350
  8. 432
  9. sweets for yourself
  10. 448
  11. 48
  12. saving
  13. 80
  14. 375
  15. 340
  16. 220
  17. an emergency fund
  18. more seeds for next time
  19. better paint for cards
  20. 424
  21. saving
  22. saving
  23. 826
  24. talk to parents
  25. 400
  26. 832
  27. 1120
  28. 200
  29. 954
  30. to keep trust
  31. 500
  32. 945
  33. 118
  34. 180
  35. 200
  36. reinvesting
  37. 50
  38. 150
  39. reinvesting
  40. 40

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