Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 447 · 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) profit put in a bank (b) buying a second juicer (c) a new video game (d) better paint for cards
2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
3. 3.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) a piggy bank for later (d) a new video game
5. 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
7. 7.Vihaan’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
8. 8.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
9. 9.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 ₹)?
10. 10.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
11. 11.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
13. 13.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) a cinema ticket
14. 14.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
15. 15.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
16. 16.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
17. 17.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) better paint for cards (d) a cinema ticket
18. 18.Meera’s stall made a profit of ₹200. Meera saves 25% of it. How many rupees are saved?
19. 19.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
20. 20.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
21. 21.Kabir’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
22. 22.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
23. 23.Saanvi’s stall made a profit of ₹500. Saanvi saves 25% of it. How many rupees are saved?
24. 24.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
25. 25.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
27. 27.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
28. 28.Nisha’s stall made a profit of ₹800. Nisha saves 20% of it. How many rupees are saved?
29. 29.Diya’s stall made a profit of ₹300. Diya saves 25% of it. How many rupees are saved?
30. 30.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) talk to parents (d) take it secretly
31. 31.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
32. 32.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
33. 33.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
34. 34.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
35. 35.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
36. 36.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
38. 38.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 10% of it. How many rupees are saved?
39. 39.Rohan’s stall made a profit of ₹1400. Rohan saves 10% of it. How many rupees are saved?
40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving

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