Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 682 · 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 saving? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) a new video game
2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
3. 3.Vihaan’s stall made a profit of ₹900. Vihaan saves 25% of it. How many rupees are saved?
4. 4.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
5. 5.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
6. 6.Zoya’s stall made a profit of ₹1300. Zoya saves 20% of it. How many rupees are saved?
7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
8. 8.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
9. 9.Diya’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
10. 10.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 ₹)?
11. 11.Gurpreet’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
12. 12.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
13. 13.Kabir’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
14. 14.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
15. 15.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
16. 16.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
17. 17.Which of these is saving? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) profit put in a bank
18. 18.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
19. 19.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
20. 20.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
21. 21.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
22. 22.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
23. 23.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
24. 24.Saanvi’s stall made a profit of ₹1400. Saanvi saves 50% of it. How many rupees are saved?
25. 25.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
26. 26.Joseph’s stall made a profit of ₹1200. Joseph saves 10% of it. How many rupees are saved?
27. 27.Ishaan’s stall made a profit of ₹400. Ishaan saves 20% of it. How many rupees are saved?
28. 28.🐷 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
29. 29.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) a new video game
30. 30.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
31. 31.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
32. 32.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
33. 33.Kabir’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.Vihaan’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?
35. 35.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
36. 36.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
37. 37.Nisha’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
39. 39.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
40. 40.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?

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