Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 202 · 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 saving? (a) profit put in a bank (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
2. 2.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
4. 4.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
5. 5.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
6. 6.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
7. 7.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
8. 8.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
9. 9.Nisha’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 reinvested?
10. 10.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
12. 12.Arjun’s stall made a profit of ₹1400. Arjun saves 10% of it. How many rupees are saved?
13. 13.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
14. 14.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
17. 17.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
19. 19.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
20. 20.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
22. 22.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
23. 23.Arjun’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
25. 25.Which of these is spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) an emergency fund
26. 26.Which of these is saving? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
27. 27.Saanvi’s stall made a profit of ₹1400. Saanvi saves 20% of it. How many rupees are saved?
28. 28.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
29. 29.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
30. 30.Joseph’s stall made a profit of ₹600. Joseph saves 20% of it. How many rupees are saved?
31. 31.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
32. 32.Dev’s stall made a profit of ₹1200. Dev saves 25% of it. How many rupees are saved?
33. 33.Tara’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
35. 35.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
36. 36.Meera’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
37. 37.Tara’s stall made a profit of ₹1400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
38. 38.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) profit put in a bank
40. 40.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later

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