Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 973 · 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.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
2. 2.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
6. 6.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
8. 8.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) a cinema ticket
9. 9.Meera’s stall made a profit of ₹1800. Meera saves 25% of it. How many rupees are saved?
10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) profit put in a bank (d) more seeds for next time
11. 11.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 ₹)?
12. 12.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
13. 13.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
14. 14.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
16. 16.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
17. 17.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
18. 18.Arjun’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
19. 19.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) sweets for yourself
21. 21.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
22. 22.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
23. 23.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
24. 24.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
25. 25.Kavya’s stall made a profit of ₹1300. Kavya saves 50% of it. How many rupees are saved?
26. 26.Tara’s stall made a profit of ₹1400. Tara saves 10% of it. How many rupees are saved?
27. 27.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) a piggy bank for later
28. 28.Saanvi’s stall made a profit of ₹1100. Saanvi saves 20% of it. How many rupees are saved?
29. 29.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
30. 30.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
31. 31.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
32. 32.Which of these is saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) sweets for yourself
33. 33.Lakshmi’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
34. 34.Gurpreet’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
35. 35.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
36. 36.Riya’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
38. 38.Aarav’s stall made a profit of ₹1500. Aarav saves 10% of it. How many rupees are saved?
39. 39.Arjun’s stall made a profit of ₹300. Arjun saves 10% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids