Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 747 · 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: a piggy bank for later? (a) spending (b) saving (c) reinvesting
2. 2.Which of these is spending on yourself? (a) a cinema ticket (b) buying a second juicer (c) a piggy bank for later (d) an emergency fund
3. 3.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
4. 4.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
5. 5.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
7. 7.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
8. 8.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) profit put in a bank (d) better paint for cards
9. 9.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 ₹)?
10. 10.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a new video game
12. 12.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
14. 14.Joseph’s stall made a profit of ₹1100. Joseph saves 50% of it. How many rupees are saved?
15. 15.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
16. 16.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
17. 17.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) a new video game
18. 18.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
20. 20.Nisha’s stall made a profit of ₹1400. Nisha saves 20% of it. How many rupees are saved?
21. 21.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
22. 22.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
23. 23.Riya’s stall made a profit of ₹1300. Riya saves 10% of it. How many rupees are saved?
24. 24.Diya’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
25. 25.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
26. 26.Aarav’s stall made a profit of ₹400. Aarav saves 20% of it. How many rupees are saved?
27. 27.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
28. 28.Lakshmi’s stall made a profit of ₹1200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
29. 29.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
30. 30.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
31. 31.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
32. 32.Zoya’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
33. 33.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) better paint for cards
34. 34.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
35. 35.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) buying a second juicer (d) an emergency fund
36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
37. 37.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
38. 38.Rohan’s stall made a profit of ₹2000. Rohan saves 20% of it. How many rupees are saved?
39. 39.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
40. 40.Vihaan’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

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