Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 35 · 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.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
4. 4.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
5. 5.Which of these is saving? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) better paint for cards
6. 6.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
7. 7.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
8. 8.Nisha’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?
9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
10. 10.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
14. 14.Meera’s stall made a profit of ₹300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
15. 15.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
16. 16.Ananya’s stall made a profit of ₹1900. Ananya saves 20% of it. How many rupees are saved?
17. 17.Gurpreet’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
18. 18.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
20. 20.Ishaan’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
21. 21.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
22. 22.Meera’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
23. 23.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
24. 24.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
25. 25.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
26. 26.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
27. 27.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) a piggy bank for later
28. 28.Kabir’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
29. 29.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
30. 30.Which of these is spending on yourself? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
31. 31.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
32. 32.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
34. 34.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
35. 35.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
36. 36.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) sweets for yourself
37. 37.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
38. 38.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
39. 39.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
40. 40.Joseph’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

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