Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 595 · 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 ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
2. 2.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 ₹)?
3. 3.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
5. 5.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
6. 6.Gurpreet’s stall made a profit of ₹600. Gurpreet saves 20% of it. How many rupees are saved?
7. 7.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
8. 8.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
9. 9.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) a piggy bank for later
10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
11. 11.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
12. 12.Gurpreet’s stall made a profit of ₹900. Gurpreet saves 10% of it. How many rupees are saved?
13. 13.Riya’s stall made a profit of ₹1600. Riya saves 25% of it. How many rupees are saved?
14. 14.🐷 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
15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
16. 16.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) buying a second juicer
17. 17.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
18. 18.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
19. 19.Kavya’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
20. 20.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) better paint for cards
21. 21.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
22. 22.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
23. 23.Aarav’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
24. 24.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
25. 25.Joseph’s stall made a profit of ₹800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
26. 26.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
27. 27.Farhan’s stall made a profit of ₹1800. Farhan saves 20% of it. How many rupees are saved?
28. 28.Kabir’s stall made a profit of ₹900. Kabir saves 25% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
32. 32.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
33. 33.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
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) more seeds for next time
35. 35.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
36. 36.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
37. 37.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
38. 38.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
40. 40.Aarav’s stall made a profit of ₹1400. Aarav saves 50% of it. How many rupees are saved?

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