Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 600 · 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 ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
2. 2.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
4. 4.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
5. 5.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due 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.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
8. 8.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
10. 10.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 10% of it. How many rupees are saved?
11. 11.Which of these is saving? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
12. 12.Diya’s stall made a profit of ₹700. Diya saves 20% of it. How many rupees are saved?
13. 13.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
14. 14.💡 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
15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
16. 16.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
17. 17.Nisha’s stall made a profit of ₹400. Nisha saves 20% of it. How many rupees are saved?
18. 18.Tara’s stall made a profit of ₹300. Tara saves 25% of it. How many rupees are saved?
19. 19.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
21. 21.Kabir’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 reinvested?
22. 22.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 20% of it. How many rupees are saved?
23. 23.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
24. 24.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
25. 25.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
26. 26.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
27. 27.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
28. 28.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
29. 29.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
30. 30.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
31. 31.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
32. 32.Dev’s stall made a profit of ₹1100. Dev saves 50% of it. How many rupees are saved?
33. 33.Aarav’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.Kabir’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
36. 36.Joseph’s stall made a profit of ₹1400. Joseph saves 20% of it. How many rupees are saved?
37. 37.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) to waste it later (d) no reason
38. 38.Meera’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
39. 39.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
40. 40.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?

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