Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 144 · 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.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
2. 2.Arjun’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
3. 3.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
4. 4.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
5. 5.Nisha’s stall made a profit of ₹500. Nisha saves 10% of it. How many rupees are saved?
6. 6.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
7. 7.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
10. 10.Saanvi’s stall made a profit of ₹1900. Saanvi saves 10% of it. How many rupees are saved?
11. 11.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) an emergency fund (d) profit put in a bank
12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
13. 13.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
14. 14.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) sweets for yourself
15. 15.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a new video game (d) an emergency fund
16. 16.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
17. 17.Diya’s stall made a profit of ₹1500. Diya saves 50% of it. How many rupees are saved?
18. 18.Which of these is saving? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) a piggy bank for later
19. 19.Tara’s stall made a profit of ₹1100. Tara saves 10% of it. How many rupees are saved?
20. 20.Vihaan’s stall made a profit of ₹1000. Vihaan saves 10% of it. How many rupees are saved?
21. 21.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
22. 22.A small family shop borrows ₹100 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 5% simple interest per year. How much interest is due after 1 year (in ₹)?
24. 24.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
26. 26.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
27. 27.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
28. 28.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 10% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
30. 30.Farhan’s stall made a profit of ₹600. Farhan saves 25% of it. How many rupees are saved?
31. 31.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
32. 32.Joseph’s stall made a profit of ₹1100. Joseph saves 50% of it. How many rupees are saved?
33. 33.Vihaan’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
35. 35.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
36. 36.Farhan’s stall made a profit of ₹400. Farhan saves 50% of it. How many rupees are saved?
37. 37.Gurpreet’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
38. 38.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
39. 39.Riya’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
40. 40.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 ₹)?

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