Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 434 · 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) a new video game (b) buying a second juicer (c) an emergency fund (d) better paint for cards
2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
3. 3.Riya’s stall made a profit of ₹700. Riya saves 10% of it. How many rupees are saved?
4. 4.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
5. 5.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
6. 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
9. 9.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
10. 10.Gurpreet’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
11. 11.Dev’s stall made a profit of ₹1100. Dev saves 25% of it. How many rupees are saved?
12. 12.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
13. 13.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
14. 14.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
16. 16.Ishaan’s stall made a profit of ₹1900. Ishaan saves 25% of it. How many rupees are saved?
17. 17.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
19. 19.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
20. 20.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) better paint for cards
21. 21.Tara’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?
22. 22.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) a piggy bank for later
23. 23.Riya’s stall made a profit of ₹400. Riya saves 50% of it. How many rupees are saved?
24. 24.Arjun’s stall made a profit of ₹1400. Arjun saves 50% of it. How many rupees are saved?
25. 25.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
26. 26.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
27. 27.Meera’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
28. 28.Farhan’s stall made a profit of ₹700. Farhan saves 10% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
30. 30.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
31. 31.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
32. 32.💡 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?
33. 33.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
34. 34.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
35. 35.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
36. 36.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a piggy bank for later (d) profit put in a bank
37. 37.Kabir’s stall made a profit of ₹900. Kabir saves 10% of it. How many rupees are saved?
38. 38.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
40. 40.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust

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