Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 318 · 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.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) it does not matter (d) to keep trust
2. 2.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
3. 3.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) better paint for cards
4. 4.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
6. 6.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
8. 8.Which of these is spending on yourself? (a) an emergency fund (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
10. 10.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
12. 12.Riya’s stall made a profit of ₹1100. Riya saves 10% of it. How many rupees are saved?
13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
14. 14.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
17. 17.Which of these is saving? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) sweets for yourself
18. 18.👪 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
19. 19.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) a piggy bank for later
20. 20.Riya’s stall made a profit of ₹1300. Riya saves 10% of it. How many rupees are saved?
21. 21.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
22. 22.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
23. 23.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
24. 24.Arjun’s stall made a profit of ₹1000. Arjun saves 10% of it. How many rupees are saved?
25. 25.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
28. 28.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
29. 29.Tara’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
30. 30.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
31. 31.Diya’s stall made a profit of ₹700. Diya saves 10% of it. How many rupees are saved?
32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
33. 33.Meera’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
35. 35.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
36. 36.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
37. 37.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
38. 38.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
39. 39.Dev’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
40. 40.Aarav’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?

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