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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 954 · 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.Kavya’s stall made a profit of ₹900. Kavya saves 50% of it. How many rupees are saved?
  2. 2.Riya’s stall made a profit of ₹1000. Riya saves 10% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  7. 7.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Lakshmi’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 spent?
  9. 9.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
  13. 13.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  15. 15.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  16. 16.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  19. 19.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  20. 20.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  23. 23.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  25. 25.Saanvi’s stall made a profit of ₹1300. Saanvi saves 50% of it. How many rupees are saved?
  26. 26.Diya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Joseph’s stall made a profit of ₹700. Joseph saves 10% of it. How many rupees are saved?
  29. 29.Rohan’s stall made a profit of ₹1400. Rohan saves 50% of it. How many rupees are saved?
  30. 30.Rohan’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.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 ₹)?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  33. 33.Rohan’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  36. 36.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  38. 38.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 450
  2. 100
  3. 56
  4. 27
  5. 363
  6. spending
  7. 90
  8. 810
  9. 728
  10. saving
  11. 530
  12. to keep trust
  13. more seeds for next time
  14. reinvesting
  15. buying a second juicer
  16. 180
  17. 64
  18. the cost of borrowing
  19. putting profit back in
  20. 918
  21. profit put in a bank
  22. a cinema ticket
  23. spending
  24. spending
  25. 650
  26. 160
  27. 42
  28. 70
  29. 700
  30. 600
  31. 1035
  32. reinvesting
  33. 720
  34. can I pay it back?
  35. saving
  36. 27
  37. talk to parents
  38. 216
  39. 60
  40. 530

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