Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 912 · 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: profit put in a bank? (a) spending (b) saving (c) reinvesting
2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
3. 3.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
4. 4.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
5. 5.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
7. 7.Rohan’s stall made a profit of ₹1300. Rohan saves 25% of it. How many rupees are saved?
8. 8.Gurpreet’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
9. 9.Nisha’s stall made a profit of ₹1600. Nisha saves 20% of it. How many rupees are saved?
10. 10.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
11. 11.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) a cinema ticket
12. 12.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
13. 13.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
14. 14.Rohan’s stall made a profit of ₹1500. Rohan saves 10% of it. How many rupees are saved?
15. 15.Aarav’s stall made a profit of ₹1900. Aarav saves 20% of it. How many rupees are saved?
16. 16.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
17. 17.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
18. 18.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
19. 19.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
20. 20.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
21. 21.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
24. 24.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
25. 25.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
26. 26.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
27. 27.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
29. 29.Arjun’s stall made a profit of ₹300. Arjun saves 50% of it. How many rupees are saved?
30. 30.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
31. 31.Nisha’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
32. 32.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
33. 33.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
34. 34.Ananya’s stall made a profit of ₹2000. Ananya saves 20% of it. How many rupees are saved?
35. 35.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 ₹)?
36. 36.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
37. 37.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
38. 38.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
39. 39.Tara’s stall made a profit of ₹900. Tara saves 10% of it. How many rupees are saved?
40. 40.Vihaan’s stall made a profit of ₹600. Vihaan saves 25% of it. How many rupees are saved?

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