Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 662 · 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 8% simple interest per year. How much interest is due after 2 years (in ₹)?
2. 2.💡 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
3. 3.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
4. 4.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) better paint for cards
5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
8. 8.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
9. 9.📆 Why repay a loan on time? (a) to lose friends (b) to pay more interest (c) to keep trust (d) it does not matter
10. 10.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
11. 11.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
13. 13.Riya’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
14. 14.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
16. 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
17. 17.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
18. 18.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
19. 19.Which of these is reinvesting in the business? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) a piggy bank for later
20. 20.Which of these is reinvesting in the business? (a) more seeds for next time (b) a new video game (c) a piggy bank for later (d) an emergency fund
21. 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
22. 22.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
23. 23.Ishaan’s stall made a profit of ₹1500. Ishaan saves 20% of it. How many rupees are saved?
24. 24.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
25. 25.Riya’s stall made a profit of ₹1500. Riya saves 10% of it. How many rupees are saved?
26. 26.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
27. 27.Kavya’s stall made a profit of ₹800. Kavya saves 50% of it. How many rupees are saved?
28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
29. 29.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
30. 30.Riya’s stall made a profit of ₹800. Riya saves 20% of it. How many rupees are saved?
31. 31.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
32. 32.Vihaan’s stall made a profit of ₹1400. Vihaan saves 25% of it. How many rupees are saved?
33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
34. 34.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
35. 35.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
36. 36.Kabir’s stall made a profit of ₹1700. Kabir saves 10% of it. How many rupees are saved?
37. 37.Ishaan’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 spent?
38. 38.Meera’s stall made a profit of ₹900. Meera saves 10% of it. How many rupees are saved?
39. 39.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
40. 40.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending

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