Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 589 · 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.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
2. 2.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
4. 4.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
5. 5.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 10% of it. How many rupees are saved?
6. 6.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
7. 7.Ananya’s stall made a profit of ₹300. Ananya saves 20% of it. How many rupees are saved?
8. 8.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
9. 9.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
10. 10.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
11. 11.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
12. 12.💡 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
13. 13.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
14. 14.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
15. 15.Which of these is saving? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) more seeds for next time
16. 16.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
17. 17.Lakshmi’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
19. 19.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
21. 21.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
22. 22.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
23. 23.Kabir’s stall made a profit of ₹900. Kabir saves 20% of it. How many rupees are saved?
24. 24.Aarav’s stall made a profit of ₹1700. Aarav saves 20% of it. How many rupees are saved?
25. 25.Aarav’s stall made a profit of ₹700. Aarav saves 25% of it. How many rupees are saved?
26. 26.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
27. 27.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
28. 28.Arjun’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
29. 29.Ananya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
30. 30.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
31. 31.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
32. 32.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 50% of it. How many rupees are saved?
33. 33.Lakshmi’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) an emergency fund
35. 35.Tara’s stall made a profit of ₹200. Tara saves 25% of it. How many rupees are saved?
36. 36.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
38. 38.Vihaan’s stall made a profit of ₹800. Vihaan saves 50% of it. How many rupees are saved?
39. 39.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting

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