Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 650 · 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.🐷 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
2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
3. 3.Which of these is saving? (a) a piggy bank for later (b) more seeds for next time (c) buying a second juicer (d) a cinema ticket
4. 4.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
5. 5.Joseph’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
6. 6.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
7. 7.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
8. 8.Arjun’s stall made a profit of ₹200. Arjun saves 25% of it. How many rupees are saved?
9. 9.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
10. 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
11. 11.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
13. 13.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
14. 14.Zoya’s stall made a profit of ₹500. Zoya saves 20% of it. How many rupees are saved?
15. 15.Which of these is saving? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
17. 17.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a new video game
18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
19. 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
20. 20.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) more seeds for next time
21. 21.Farhan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
22. 22.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
23. 23.Tara’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
24. 24.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
25. 25.Ananya’s stall made a profit of ₹2000. Ananya saves 10% of it. How many rupees are saved?
26. 26.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
27. 27.Kavya’s stall made a profit of ₹700. Kavya saves 25% of it. How many rupees are saved?
28. 28.Which of these is saving? (a) a new video game (b) an emergency fund (c) better paint for cards (d) more seeds for next time
29. 29.Riya’s stall made a profit of ₹2000. Riya saves 20% of it. How many rupees are saved?
30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
31. 31.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
32. 32.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
33. 33.Gurpreet’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 reinvested?
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 2 years (in ₹)?
35. 35.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
36. 36.Kavya’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
37. 37.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
38. 38.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
39. 39.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
40. 40.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?

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