Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 352 · 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) more seeds for next time (b) an emergency fund (c) better paint for cards (d) sweets for yourself
2. 2.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
4. 4.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) more seeds for next time
5. 5.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
6. 6.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
7. 7.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
8. 8.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) take it secretly (d) ask strangers
10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
11. 11.Saanvi’s stall made a profit of ₹1700. Saanvi saves 10% of it. How many rupees are saved?
12. 12.Ananya’s stall made a profit of ₹500. Ananya saves 25% of it. How many rupees are saved?
13. 13.Farhan’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) an emergency fund (d) sweets for yourself
15. 15.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
16. 16.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
18. 18.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
19. 19.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
20. 20.Which of these is saving? (a) a new video game (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
21. 21.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
22. 22.Aarav’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
23. 23.Arjun’s stall made a profit of ₹200. Arjun saves 25% of it. How many rupees are saved?
24. 24.Tara’s stall made a profit of ₹1700. Tara saves 20% of it. How many rupees are saved?
25. 25.Tara’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
26. 26.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
27. 27.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
28. 28.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
30. 30.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
31. 31.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
32. 32.Joseph’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
33. 33.Nisha’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
34. 34.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) an emergency fund (d) sweets for yourself
35. 35.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 ₹)?
36. 36.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
37. 37.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
38. 38.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a new video game
39. 39.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting

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