Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 158 · 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 ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
2. 2.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
4. 4.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
5. 5.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
7. 7.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
8. 8.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
9. 9.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
10. 10.Diya’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
11. 11.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
12. 12.Rohan’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
13. 13.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
14. 14.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
15. 15.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 ₹)?
16. 16.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) better paint for cards (d) profit put in a bank
20. 20.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) a piggy bank for later
21. 21.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
22. 22.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
23. 23.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 20% of it. How many rupees are saved?
24. 24.Dev’s stall made a profit of ₹700. Dev saves 20% of it. How many rupees are saved?
25. 25.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
27. 27.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
28. 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
29. 29.Kabir’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
30. 30.Zoya’s stall made a profit of ₹1500. Zoya saves 25% of it. How many rupees are saved?
31. 31.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
32. 32.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
34. 34.Vihaan’s stall made a profit of ₹300. Vihaan saves 50% of it. How many rupees are saved?
35. 35.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 25% of it. How many rupees are saved?
36. 36.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
37. 37.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) a piggy bank for later
38. 38.Riya’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
39. 39.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

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