Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 259 · 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 spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
5. 5.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) buying a second juicer (d) profit put in a bank
6. 6.Kavya’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
7. 7.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
8. 8.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 10% of it. How many rupees are saved?
9. 9.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) a new video game
10. 10.Saanvi’s stall made a profit of ₹500. Saanvi saves 10% of it. How many rupees are saved?
11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
12. 12.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) an emergency fund (d) a cinema ticket
13. 13.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
14. 14.Which of these is reinvesting in the business? (a) sweets for yourself (b) an emergency fund (c) profit put in a bank (d) buying a second juicer
15. 15.Meera’s stall made a profit of ₹1600. Meera saves 10% of it. How many rupees are saved?
16. 16.Rohan’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
17. 17.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
18. 18.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
19. 19.Dev’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
20. 20.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
21. 21.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
23. 23.Kabir’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
24. 24.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
26. 26.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
27. 27.👪 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
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 3 years (in ₹)?
29. 29.Kabir’s stall made a profit of ₹900. Kabir saves 25% of it. How many rupees are saved?
30. 30.Tara’s stall made a profit of ₹1400. Tara saves 10% of it. How many rupees are saved?
31. 31.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) a piggy bank for later
32. 32.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
33. 33.Farhan’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.Riya’s stall made a profit of ₹200. Riya saves 20% of it. How many rupees are saved?
35. 35.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
36. 36.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
37. 37.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) more seeds for next time (d) a new video game
38. 38.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
39. 39.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
40. 40.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?

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