Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 721 · 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 spending on yourself? (a) better paint for cards (b) profit put in a bank (c) an emergency fund (d) a new video game
2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
3. 3.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) a cinema ticket
4. 4.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
5. 5.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
7. 7.Dev’s stall made a profit of ₹2000. Dev saves 25% of it. How many rupees are saved?
8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
9. 9.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
12. 12.Diya’s stall made a profit of ₹1700. Diya saves 20% of it. How many rupees are saved?
13. 13.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) a new video game
14. 14.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 ₹)?
15. 15.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) a piggy bank for later
16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
18. 18.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) more seeds for next time (d) buying a second juicer
19. 19.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
22. 22.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
23. 23.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
24. 24.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
25. 25.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
26. 26.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
27. 27.Farhan’s stall made a profit of ₹500. Farhan saves 50% of it. How many rupees are saved?
28. 28.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
30. 30.Ananya’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
31. 31.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) an emergency fund (d) profit put in a bank
32. 32.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 25% of it. How many rupees are saved?
33. 33.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
34. 34.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
35. 35.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) more seeds for next time (d) sweets for yourself
36. 36.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
37. 37.Aarav’s stall made a profit of ₹200. Aarav saves 10% of it. How many rupees are saved?
38. 38.Farhan’s stall made a profit of ₹1600. Farhan saves 20% of it. How many rupees are saved?
39. 39.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) sweets for yourself
40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving

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