Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 359 · 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.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
3. 3.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
4. 4.Which of these is saving? (a) more seeds for next time (b) a new video game (c) profit put in a bank (d) better paint for cards
5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) sweets for yourself
7. 7.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
8. 8.Rohan’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
9. 9.Riya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
10. 10.Diya’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
11. 11.Joseph’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
12. 12.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
13. 13.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
14. 14.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
15. 15.Tara’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
16. 16.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) buying a second juicer
17. 17.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
18. 18.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
19. 19.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
20. 20.Aarav’s stall made a profit of ₹600. Aarav saves 10% of it. How many rupees are saved?
21. 21.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
22. 22.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) sweets for yourself
23. 23.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
24. 24.Farhan’s stall made a profit of ₹1800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
25. 25.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
26. 26.Farhan’s stall made a profit of ₹2000. Farhan saves 25% of it. How many rupees are saved?
27. 27.Meera’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
28. 28.Aarav’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
31. 31.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
32. 32.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
33. 33.Vihaan’s stall made a profit of ₹700. Vihaan saves 50% of it. How many rupees are saved?
34. 34.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) more seeds for next time (d) an emergency fund
35. 35.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
36. 36.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) a cinema ticket (d) buying a second juicer
37. 37.Meera’s stall made a profit of ₹700. Meera saves 50% of it. How many rupees are saved?
38. 38.Dev’s stall made a profit of ₹1900. Dev saves 25% of it. How many rupees are saved?
39. 39.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
40. 40.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

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