Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 100 · 40 questions

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.

1. 1.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) better paint for cards (d) an emergency fund
2. 2.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
3. 3.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
4. 4.Lakshmi’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
5. 5.Rohan’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
7. 7.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
8. 8.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
9. 9.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
10. 10.Rohan’s stall made a profit of ₹800. Rohan saves 50% of it. How many rupees are saved?
11. 11.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) profit put in a bank
12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
13. 13.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
14. 14.👪 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
15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
16. 16.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
18. 18.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
19. 19.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
20. 20.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) a new video game (d) a cinema ticket
21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
22. 22.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 10% of it. How many rupees are saved?
23. 23.Meera’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
25. 25.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
26. 26.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
28. 28.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
29. 29.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
31. 31.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
32. 32.Ananya’s stall made a profit of ₹300. Ananya saves 10% of it. How many rupees are saved?
33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
34. 34.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
35. 35.Aarav’s stall made a profit of ₹400. Aarav saves 50% of it. How many rupees are saved?
36. 36.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
37. 37.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
38. 38.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.Saanvi’s stall made a profit of ₹1900. Saanvi saves 50% of it. How many rupees are saved?
40. 40.Saanvi’s stall made a profit of ₹800. Saanvi saves 50% of it. How many rupees are saved?

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