Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 925 · 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 saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) sweets for yourself
2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) better paint for cards (d) sweets for yourself
4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
5. 5.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
6. 6.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
7. 7.Aarav’s stall made a profit of ₹1500. Aarav saves 20% of it. How many rupees are saved?
8. 8.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
9. 9.Which of these is saving? (a) a new video game (b) profit put in a bank (c) sweets for yourself (d) a cinema ticket
10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
11. 11.Joseph’s stall made a profit of ₹1200. Joseph saves 10% of it. How many rupees are saved?
12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
13. 13.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
14. 14.Dev’s stall made a profit of ₹600. Dev saves 10% of it. How many rupees are saved?
15. 15.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
16. 16.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
17. 17.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
18. 18.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
19. 19.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 10% of it. How many rupees are saved?
20. 20.Ishaan’s stall made a profit of ₹1500. Ishaan saves 10% of it. How many rupees are saved?
21. 21.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
22. 22.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) a piggy bank for later
23. 23.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
24. 24.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
25. 25.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
26. 26.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
27. 27.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 ₹)?
28. 28.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
29. 29.Meera’s stall made a profit of ₹1100. Meera saves 10% of it. How many rupees are saved?
30. 30.Riya’s stall made a profit of ₹2000. 20% is saved, 50% 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) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
32. 32.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
33. 33.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 ₹)?
34. 34.Kavya’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
36. 36.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
38. 38.Nisha’s stall made a profit of ₹1000. Nisha saves 20% of it. How many rupees are saved?
39. 39.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

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