Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 116 · 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) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) a new video game
2. 2.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
5. 5.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
6. 6.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
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.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
10. 10.Rohan’s stall made a profit of ₹400. Rohan saves 50% of it. How many rupees are saved?
11. 11.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
12. 12.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
14. 14.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) a new video game
15. 15.Joseph’s stall made a profit of ₹600. Joseph saves 50% of it. How many rupees are saved?
16. 16.Kabir’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
17. 17.Joseph’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
18. 18.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
19. 19.Tara’s stall made a profit of ₹1900. Tara saves 50% of it. How many rupees are saved?
20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
21. 21.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
22. 22.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
23. 23.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
24. 24.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
25. 25.Joseph’s stall made a profit of ₹2000. Joseph saves 10% of it. How many rupees are saved?
26. 26.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 50% of it. How many rupees are saved?
27. 27.Saanvi’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
28. 28.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) more seeds for next time (d) a cinema ticket
29. 29.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
30. 30.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
31. 31.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
32. 32.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) better paint for cards
33. 33.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
34. 34.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
35. 35.Meera’s stall made a profit of ₹300. Meera saves 20% of it. How many rupees are saved?
36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
37. 37.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
38. 38.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.Ananya’s stall made a profit of ₹1400. Ananya saves 50% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

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