Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 194 · 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 reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) a piggy bank for later
2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
3. 3.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) profit put in a bank (d) a new video game
4. 4.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 ₹)?
5. 5.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) buying a second juicer
6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a cinema ticket (d) better paint for cards
7. 7.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
8. 8.Rohan’s stall made a profit of ₹400. Rohan saves 10% of it. How many rupees are saved?
9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
12. 12.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
13. 13.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
15. 15.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
16. 16.Saanvi’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
17. 17.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
19. 19.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) sweets for yourself
20. 20.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
21. 21.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
22. 22.Farhan’s stall made a profit of ₹900. Farhan saves 50% of it. How many rupees are saved?
23. 23.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
24. 24.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
25. 25.Farhan’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
26. 26.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
27. 27.Rohan’s stall made a profit of ₹1600. Rohan saves 50% of it. How many rupees are saved?
28. 28.Joseph’s stall made a profit of ₹300. Joseph saves 20% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
30. 30.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
31. 31.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) a cinema ticket
32. 32.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 ₹)?
33. 33.Joseph’s stall made a profit of ₹1100. Joseph saves 25% of it. How many rupees are saved?
34. 34.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
35. 35.Aarav’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?
36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
37. 37.Kavya’s stall made a profit of ₹600. Kavya saves 10% of it. How many rupees are saved?
38. 38.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
39. 39.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) profit put in a bank
40. 40.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?

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