Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 313 · 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) sweets for yourself (b) a new video game (c) better paint for cards (d) an emergency fund
2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) sweets for yourself (d) a piggy bank for later
3. 3.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
4. 4.👪 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
5. 5.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
6. 6.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
8. 8.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
9. 9.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
10. 10.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
11. 11.Rohan’s stall made a profit of ₹1700. Rohan saves 10% of it. How many rupees are saved?
12. 12.Aarav’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
13. 13.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
14. 14.Vihaan’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 spent?
15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
16. 16.Arjun’s stall made a profit of ₹900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
17. 17.Farhan’s stall made a profit of ₹1700. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
19. 19.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
20. 20.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
21. 21.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
22. 22.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
23. 23.Gurpreet’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?
24. 24.Saanvi’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
26. 26.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
27. 27.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
28. 28.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
29. 29.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
30. 30.Rohan’s stall made a profit of ₹200. Rohan saves 10% of it. How many rupees are saved?
31. 31.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
32. 32.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) more seeds for next time (d) a cinema ticket
33. 33.Kabir’s stall made a profit of ₹500. Kabir saves 20% of it. How many rupees are saved?
34. 34.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 10% of it. How many rupees are saved?
35. 35.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) buying a second juicer (d) a new video game
36. 36.Ishaan’s stall made a profit of ₹1300. Ishaan saves 25% of it. How many rupees are saved?
37. 37.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) a piggy bank for later
38. 38.A small family shop borrows ₹600 from a bank at 7% 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 9% simple interest per year. How much interest is due after 1 year (in ₹)?
40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving

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