Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 16 · 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 ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
2. 2.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 ₹)?
3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
4. 4.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
6. 6.Kabir’s stall made a profit of ₹700. Kabir saves 50% of it. How many rupees are saved?
7. 7.Kavya’s stall made a profit of ₹1100. Kavya saves 25% of it. How many rupees are saved?
8. 8.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
9. 9.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) sweets for yourself
10. 10.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
11. 11.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
13. 13.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
14. 14.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 ₹)?
15. 15.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
16. 16.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
17. 17.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
18. 18.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
20. 20.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
21. 21.Dev’s stall made a profit of ₹800. Dev saves 10% of it. How many rupees are saved?
22. 22.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
23. 23.Ananya’s stall made a profit of ₹900. Ananya saves 50% of it. How many rupees are saved?
24. 24.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
25. 25.Meera’s stall made a profit of ₹1000. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
26. 26.Rohan’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
27. 27.Farhan’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 spent?
28. 28.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
29. 29.Diya’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
30. 30.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
31. 31.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
32. 32.Joseph’s stall made a profit of ₹900. Joseph saves 25% of it. How many rupees are saved?
33. 33.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
34. 34.Diya’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 reinvested?
35. 35.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
36. 36.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
37. 37.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
39. 39.Nisha’s stall made a profit of ₹700. Nisha saves 20% of it. How many rupees are saved?
40. 40.Lakshmi’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

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