Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 39 · 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 teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
2. 2.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
3. 3.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
4. 4.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
5. 5.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
6. 6.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
8. 8.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
9. 9.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
12. 12.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
13. 13.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) more seeds for next time (d) a new video game
15. 15.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
17. 17.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
18. 18.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
19. 19.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) a new video game
20. 20.Joseph’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
22. 22.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) better paint for cards (d) an emergency fund
23. 23.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) buying a second juicer
24. 24.Arjun’s stall made a profit of ₹600. Arjun saves 10% of it. How many rupees are saved?
25. 25.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
26. 26.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
28. 28.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 ₹)?
29. 29.Tara’s stall made a profit of ₹1600. Tara saves 25% of it. How many rupees are saved?
30. 30.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
32. 32.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
34. 34.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a new video game (d) a piggy bank for later
35. 35.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
36. 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
37. 37.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) profit put in a bank
38. 38.Arjun’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
39. 39.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
40. 40.Rohan’s stall made a profit of ₹500. Rohan saves 20% of it. How many rupees are saved?

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