Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 842 · 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 ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
2. 2.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
3. 3.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
5. 5.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
6. 6.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
7. 7.👪 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
8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
9. 9.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) profit put in a bank (d) buying a second juicer
10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
11. 11.Saanvi’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
12. 12.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
13. 13.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 ₹)?
14. 14.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
15. 15.Rohan’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
16. 16.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
17. 17.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
18. 18.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
19. 19.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
22. 22.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
23. 23.Kabir’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
24. 24.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) profit put in a bank
25. 25.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
26. 26.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
27. 27.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
28. 28.Joseph’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
30. 30.Meera’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
32. 32.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
34. 34.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
35. 35.Rohan’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
36. 36.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
37. 37.Gurpreet’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
38. 38.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
39. 39.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

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