Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 694 · 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 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
2. 2.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
3. 3.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) a piggy bank for later (d) better paint for cards
4. 4.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
5. 5.Arjun’s stall made a profit of ₹400. Arjun saves 25% of it. How many rupees are saved?
6. 6.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
7. 7.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
9. 9.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
10. 10.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
11. 11.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
13. 13.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
14. 14.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
15. 15.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
17. 17.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
18. 18.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
19. 19.Kavya’s stall made a profit of ₹1300. Kavya saves 50% of it. How many rupees are saved?
20. 20.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) profit put in a bank
21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
22. 22.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
23. 23.Riya’s stall made a profit of ₹1100. Riya saves 50% of it. How many rupees are saved?
24. 24.Ishaan’s stall made a profit of ₹1800. Ishaan saves 25% of it. How many rupees are saved?
25. 25.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
26. 26.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) better paint for cards
27. 27.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
28. 28.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
29. 29.Kavya’s stall made a profit of ₹1300. Kavya saves 25% of it. How many rupees are saved?
30. 30.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
31. 31.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) more seeds for next time (d) an emergency fund
32. 32.Nisha’s stall made a profit of ₹700. Nisha saves 20% of it. How many rupees are saved?
33. 33.Zoya’s stall made a profit of ₹1900. Zoya saves 10% of it. How many rupees are saved?
34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
35. 35.Dev’s stall made a profit of ₹1200. Dev saves 25% of it. How many rupees are saved?
36. 36.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
37. 37.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
38. 38.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
40. 40.Ishaan’s stall made a profit of ₹1600. Ishaan saves 10% of it. How many rupees are saved?

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