Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 232 · 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 ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) buying a second juicer (d) a new video game
3. 3.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
6. 6.Riya’s stall made a profit of ₹800. Riya saves 20% of it. How many rupees are saved?
7. 7.Gurpreet’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
8. 8.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
9. 9.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) more seeds for next time
10. 10.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
11. 11.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) better paint for cards (d) buying a second juicer
12. 12.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) better paint for cards (d) sweets for yourself
13. 13.Which of these is saving? (a) better paint for cards (b) a new video game (c) sweets for yourself (d) an emergency fund
14. 14.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
15. 15.Joseph’s stall made a profit of ₹300. Joseph saves 50% of it. How many rupees are saved?
16. 16.Vihaan’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
17. 17.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
18. 18.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
19. 19.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
20. 20.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
22. 22.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
23. 23.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
24. 24.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 25% of it. How many rupees are saved?
25. 25.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) a cinema ticket (d) profit put in a bank
26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
27. 27.Ishaan’s stall made a profit of ₹400. Ishaan saves 10% of it. How many rupees are saved?
28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
29. 29.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
30. 30.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
31. 31.Meera’s stall made a profit of ₹300. Meera saves 10% of it. How many rupees are saved?
32. 32.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
34. 34.Farhan’s stall made a profit of ₹700. Farhan saves 10% of it. How many rupees are saved?
35. 35.Rohan’s stall made a profit of ₹1000. Rohan saves 25% of it. How many rupees are saved?
36. 36.Vihaan’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?
37. 37.Diya’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
38. 38.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
39. 39.Gurpreet’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
40. 40.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

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