Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 578 · 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) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
2. 2.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
3. 3.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
4. 4.Vihaan’s stall made a profit of ₹1600. Vihaan saves 25% of it. How many rupees are saved?
5. 5.🐷 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
6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
7. 7.Which of these is saving? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) an emergency fund
8. 8.Lakshmi’s stall made a profit of ₹600. Lakshmi saves 50% of it. How many rupees are saved?
9. 9.Rohan’s stall made a profit of ₹1100. Rohan saves 20% of it. How many rupees are saved?
10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
12. 12.Saanvi’s stall made a profit of ₹400. Saanvi saves 10% of it. How many rupees are saved?
13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) buying a second juicer (d) a piggy bank for later
14. 14.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
15. 15.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
16. 16.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
17. 17.Ishaan’s stall made a profit of ₹1900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
19. 19.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
20. 20.Saanvi’s stall made a profit of ₹1700. Saanvi saves 25% of it. How many rupees are saved?
21. 21.Ananya’s stall made a profit of ₹1500. Ananya saves 20% of it. How many rupees are saved?
22. 22.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
24. 24.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
25. 25.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
26. 26.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
27. 27.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
28. 28.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
30. 30.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
31. 31.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to keep trust (d) to pay more interest
32. 32.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
34. 34.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
35. 35.Ishaan’s stall made a profit of ₹1500. Ishaan saves 10% of it. How many rupees are saved?
36. 36.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
37. 37.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
38. 38.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
39. 39.Which of these is saving? (a) a new video game (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
40. 40.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) buying a second juicer

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