Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 673 · 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 ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
2. 2.Arjun’s stall made a profit of ₹1100. Arjun saves 50% of it. How many rupees are saved?
3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
4. 4.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
5. 5.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
6. 6.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
7. 7.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) profit put in a bank
8. 8.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 20% of it. How many rupees are saved?
9. 9.Diya’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
10. 10.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
11. 11.Rohan’s stall made a profit of ₹700. Rohan saves 50% of it. How many rupees are saved?
12. 12.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) more seeds for next time
13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) better paint for cards (d) buying a second juicer
14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
15. 15.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
16. 16.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
17. 17.Kavya’s stall made a profit of ₹1400. Kavya saves 50% of it. How many rupees are saved?
18. 18.Ishaan’s stall made a profit of ₹1100. Ishaan saves 25% of it. How many rupees are saved?
19. 19.Dev’s stall made a profit of ₹1100. Dev saves 50% of it. How many rupees are saved?
20. 20.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
21. 21.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later
22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
23. 23.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
24. 24.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
25. 25.Which of these is spending on yourself? (a) a cinema ticket (b) an emergency fund (c) a piggy bank for later (d) profit put in a bank
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.Ishaan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
28. 28.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
29. 29.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) a new video game
30. 30.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
31. 31.Which of these is saving? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
32. 32.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
33. 33.Vihaan’s stall made a profit of ₹1200. Vihaan saves 25% of it. How many rupees are saved?
34. 34.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
36. 36.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
37. 37.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
38. 38.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
40. 40.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?

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