Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 634 · 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 spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) an emergency fund
2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
3. 3.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
4. 4.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
5. 5.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
6. 6.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
7. 7.Gurpreet’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) buying a second juicer (d) a new video game
9. 9.👪 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
10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
12. 12.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
14. 14.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) buying a second juicer
15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
16. 16.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
17. 17.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 ₹)?
18. 18.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
19. 19.Farhan’s stall made a profit of ₹500. Farhan saves 20% of it. How many rupees are saved?
20. 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
21. 21.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
22. 22.Arjun’s stall made a profit of ₹1700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
23. 23.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
24. 24.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
25. 25.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) more seeds for next time (d) a new video game
26. 26.Vihaan’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
27. 27.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
28. 28.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
29. 29.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
30. 30.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
31. 31.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
33. 33.Dev’s stall made a profit of ₹600. Dev saves 25% of it. How many rupees are saved?
34. 34.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
36. 36.🐷 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
37. 37.Kavya’s stall made a profit of ₹1100. Kavya saves 10% of it. How many rupees are saved?
38. 38.Kavya’s stall made a profit of ₹800. Kavya saves 20% of it. How many rupees are saved?
39. 39.Which of these is saving? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
40. 40.Ananya’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

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