Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 970 · 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 ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
2. 2.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
3. 3.Which of these is reinvesting in the business? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) profit put in a bank
4. 4.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
6. 6.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
7. 7.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
8. 8.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
9. 9.Which of these is saving? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) more seeds for next time
10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
13. 13.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
14. 14.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
15. 15.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 ₹)?
16. 16.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
17. 17.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
18. 18.Ananya’s stall made a profit of ₹1400. Ananya saves 10% of it. How many rupees are saved?
19. 19.Rohan’s stall made a profit of ₹400. Rohan saves 50% of it. How many rupees are saved?
20. 20.Aarav’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
21. 21.A small family shop borrows ₹800 from a bank at 8% 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) a new video game (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
23. 23.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) a cinema ticket (d) buying a second juicer
24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
25. 25.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) better paint for cards
26. 26.Kabir’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
27. 27.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
28. 28.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
29. 29.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
30. 30.Meera’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
31. 31.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
32. 32.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
33. 33.Kavya’s stall made a profit of ₹800. Kavya saves 10% of it. How many rupees are saved?
34. 34.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
35. 35.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
36. 36.Rohan’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
37. 37.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
38. 38.Rohan’s stall made a profit of ₹600. Rohan saves 20% of it. How many rupees are saved?
39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
40. 40.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving

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