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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 904 · 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 ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  3. 3.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Dev’s stall made a profit of ₹900. Dev saves 50% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  8. 8.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  9. 9.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) more seeds for next time
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  12. 12.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  13. 13.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  14. 14.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  15. 15.Ishaan’s stall made a profit of ₹500. Ishaan 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 must it pay back in all after 2 years (in ₹)?
  17. 17.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  18. 18.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Meera’s stall made a profit of ₹900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  23. 23.Diya’s stall made a profit of ₹300. Diya saves 50% of it. How many rupees are saved?
  24. 24.Joseph’s stall made a profit of ₹200. Joseph saves 25% of it. How many rupees are saved?
  25. 25.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  26. 26.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  29. 29.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) better paint for cards
  31. 31.Ananya’s stall made a profit of ₹700. Ananya saves 10% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) a piggy bank for later
  33. 33.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  35. 35.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Dev’s stall made a profit of ₹200. Dev saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Arjun’s stall made a profit of ₹500. Arjun saves 20% of it. How many rupees are saved?

Answer key

  1. 48
  2. spending
  3. 18
  4. 450
  5. 30
  6. 32
  7. a cinema ticket
  8. more seeds for next time
  9. 112
  10. a piggy bank for later
  11. spending
  12. for bad days and goals
  13. the cost of borrowing
  14. an emergency fund
  15. 50
  16. 742
  17. putting profit back in
  18. 70
  19. 100
  20. 48
  21. 270
  22. talk to parents
  23. 150
  24. 50
  25. profit put in a bank
  26. 780
  27. saving
  28. reinvesting
  29. 520
  30. a new video game
  31. 70
  32. better paint for cards
  33. to keep trust
  34. reinvesting
  35. 8
  36. 424
  37. 100
  38. 16
  39. 1090
  40. 100

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