Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 189 · 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 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
2. 2.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
4. 4.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
5. 5.Diya’s stall made a profit of ₹700. Diya saves 10% of it. How many rupees are saved?
6. 6.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
7. 7.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
8. 8.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
11. 11.Riya’s stall made a profit of ₹800. Riya saves 25% of it. How many rupees are saved?
12. 12.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
13. 13.Joseph’s stall made a profit of ₹400. Joseph saves 50% of it. How many rupees are saved?
14. 14.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
16. 16.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
19. 19.Riya’s stall made a profit of ₹600. Riya saves 10% of it. How many rupees are saved?
20. 20.Lakshmi’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
21. 21.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
22. 22.Kavya’s stall made a profit of ₹1600. Kavya saves 10% of it. How many rupees are saved?
23. 23.Dev’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
25. 25.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a cinema ticket (d) a piggy bank for later
26. 26.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
28. 28.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
29. 29.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
30. 30.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
31. 31.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
33. 33.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
34. 34.Diya’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
35. 35.Lakshmi’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
36. 36.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
37. 37.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) better paint for cards
38. 38.Tara’s stall made a profit of ₹400. Tara saves 25% of it. How many rupees are saved?
39. 39.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
40. 40.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?

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