Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 574 · 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 reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) better paint for cards
2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
3. 3.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 ₹)?
4. 4.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
5. 5.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
6. 6.💡 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?
7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
8. 8.Arjun’s stall made a profit of ₹600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
9. 9.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
11. 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
12. 12.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
14. 14.Diya’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
15. 15.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) profit put in a bank (d) an emergency fund
16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
17. 17.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 ₹)?
18. 18.Diya’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
19. 19.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 ₹)?
20. 20.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 50% of it. How many rupees are saved?
21. 21.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
22. 22.Dev’s stall made a profit of ₹1200. Dev saves 50% of it. How many rupees are saved?
23. 23.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
24. 24.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
25. 25.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) buying a second juicer
26. 26.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
27. 27.Arjun’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
30. 30.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
31. 31.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
32. 32.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
33. 33.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
34. 34.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
35. 35.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
36. 36.Dev’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
37. 37.Saanvi’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
38. 38.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
39. 39.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
40. 40.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest

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