Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 691 · 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.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
2. 2.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
3. 3.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
4. 4.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) buying a second juicer (d) sweets for yourself
5. 5.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
6. 6.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
7. 7.Meera’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
8. 8.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
9. 9.Meera’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
10. 10.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) a new video game
11. 11.Arjun’s stall made a profit of ₹500. Arjun saves 20% of it. How many rupees are saved?
12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
13. 13.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
14. 14.🐷 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
15. 15.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
16. 16.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
18. 18.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
19. 19.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) better paint for cards
20. 20.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
21. 21.Joseph’s stall made a profit of ₹1800. Joseph saves 20% of it. How many rupees are saved?
22. 22.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) an emergency fund
23. 23.Farhan’s stall made a profit of ₹900. Farhan saves 10% of it. How many rupees are saved?
24. 24.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
25. 25.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
26. 26.Joseph’s stall made a profit of ₹300. Joseph saves 10% of it. How many rupees are saved?
27. 27.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
28. 28.Vihaan’s stall made a profit of ₹400. Vihaan saves 25% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
30. 30.Rohan’s stall made a profit of ₹600. Rohan saves 25% of it. How many rupees are saved?
31. 31.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
32. 32.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
33. 33.Meera’s stall made a profit of ₹200. Meera saves 50% of it. How many rupees are saved?
34. 34.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 ₹)?
35. 35.Gurpreet’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
36. 36.Lakshmi’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
38. 38.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
40. 40.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away

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