Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 588 · 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) a cinema ticket (c) sweets for yourself (d) more seeds for next time
2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
3. 3.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
4. 4.Dev’s stall made a profit of ₹200. Dev saves 10% of it. How many rupees are saved?
5. 5.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
6. 6.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
7. 7.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
8. 8.Lakshmi’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
9. 9.Lakshmi’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
10. 10.Which of these is saving? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a cinema ticket
11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
12. 12.Farhan’s stall made a profit of ₹900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
13. 13.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
14. 14.Saanvi’s stall made a profit of ₹1400. Saanvi saves 25% of it. How many rupees are saved?
15. 15.Joseph’s stall made a profit of ₹800. Joseph saves 50% of it. How many rupees are saved?
16. 16.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
18. 18.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
19. 19.Kabir’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
20. 20.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
21. 21.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
24. 24.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
25. 25.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
26. 26.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
27. 27.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
29. 29.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
30. 30.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
31. 31.Saanvi’s stall made a profit of ₹1300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
32. 32.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
33. 33.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
36. 36.Tara’s stall made a profit of ₹500. Tara saves 50% of it. How many rupees are saved?
37. 37.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) an emergency fund (d) buying a second juicer
38. 38.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
39. 39.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending

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