Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 547 · 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) more seeds for next time (b) a new video game (c) profit put in a bank (d) better paint for cards
2. 2.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
4. 4.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
5. 5.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
6. 6.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
7. 7.Meera’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
9. 9.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
10. 10.Nisha’s stall made a profit of ₹1100. Nisha saves 10% of it. How many rupees are saved?
11. 11.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
12. 12.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
13. 13.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
14. 14.Arjun’s stall made a profit of ₹400. Arjun saves 50% of it. How many rupees are saved?
15. 15.Meera’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
16. 16.Arjun’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
17. 17.Ishaan’s stall made a profit of ₹600. Ishaan saves 20% of it. How many rupees are saved?
18. 18.Diya’s stall made a profit of ₹1000. Diya saves 25% of it. How many rupees are saved?
19. 19.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
21. 21.Ananya’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
22. 22.Zoya’s stall made a profit of ₹800. Zoya saves 20% of it. How many rupees are saved?
23. 23.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
24. 24.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
25. 25.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) a new video game
26. 26.Gurpreet’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
27. 27.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
28. 28.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
30. 30.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
31. 31.Lakshmi’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
33. 33.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
34. 34.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
35. 35.Zoya’s stall made a profit of ₹1900. Zoya saves 10% of it. How many rupees are saved?
36. 36.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
37. 37.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
38. 38.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) a piggy bank for later
39. 39.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving

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