Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 418 · 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 saving? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
2. 2.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
3. 3.🐷 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
4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
6. 6.Dev’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
7. 7.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
9. 9.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
10. 10.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
11. 11.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
12. 12.Saanvi’s stall made a profit of ₹200. Saanvi saves 10% of it. How many rupees are saved?
13. 13.Zoya’s stall made a profit of ₹600. Zoya saves 50% of it. How many rupees are saved?
14. 14.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) buying a second juicer (d) an emergency fund
15. 15.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
16. 16.Saanvi’s stall made a profit of ₹300. Saanvi saves 20% of it. How many rupees are saved?
17. 17.Tara’s stall made a profit of ₹300. Tara saves 50% of it. How many rupees are saved?
18. 18.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
19. 19.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.Which of these is saving? (a) a new video game (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
22. 22.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
24. 24.Which of these is saving? (a) a cinema ticket (b) a new video game (c) better paint for cards (d) an emergency fund
25. 25.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
26. 26.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
27. 27.👪 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
28. 28.Saanvi’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
29. 29.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
30. 30.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 20% of it. How many rupees are saved?
31. 31.Kavya’s stall made a profit of ₹1400. Kavya saves 10% of it. How many rupees are saved?
32. 32.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
33. 33.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
34. 34.Ananya’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
36. 36.Dev’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
37. 37.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
38. 38.Dev’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
39. 39.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?

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