Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 657 · 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 teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
2. 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) a new video game (d) more seeds for next time
3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
4. 4.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
5. 5.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) better paint for cards
6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
7. 7.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) an emergency fund (d) better paint for cards
8. 8.Gurpreet’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
9. 9.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
10. 10.Meera’s stall made a profit of ₹1100. Meera saves 50% of it. How many rupees are saved?
11. 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
12. 12.Diya’s stall made a profit of ₹300. Diya saves 50% of it. How many rupees are saved?
13. 13.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
15. 15.Rohan’s stall made a profit of ₹1300. Rohan saves 10% of it. How many rupees are saved?
16. 16.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
18. 18.Diya’s stall made a profit of ₹1700. Diya saves 50% of it. How many rupees are saved?
19. 19.Saanvi’s stall made a profit of ₹1000. Saanvi saves 50% of it. How many rupees are saved?
20. 20.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
21. 21.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
22. 22.Kavya’s stall made a profit of ₹1100. Kavya saves 10% of it. How many rupees are saved?
23. 23.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
24. 24.Nisha’s stall made a profit of ₹1100. Nisha saves 10% of it. How many rupees are saved?
25. 25.Aarav’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
26. 26.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
27. 27.Lakshmi’s stall made a profit of ₹1400. Lakshmi saves 20% of it. How many rupees are saved?
28. 28.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 ₹)?
29. 29.Rohan’s stall made a profit of ₹400. Rohan saves 50% of it. How many rupees are saved?
30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
31. 31.Riya’s stall made a profit of ₹1400. Riya saves 10% of it. How many rupees are saved?
32. 32.Lakshmi’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?
33. 33.Nisha’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
35. 35.Joseph’s stall made a profit of ₹400. Joseph saves 10% of it. How many rupees are saved?
36. 36.Arjun’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
37. 37.Vihaan’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 spent?
38. 38.Meera’s stall made a profit of ₹1900. Meera saves 25% of it. How many rupees are saved?
39. 39.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?

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