Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 985 · 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.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
2. 2.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
3. 3.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
4. 4.Rohan’s stall made a profit of ₹1400. Rohan saves 10% of it. How many rupees are saved?
5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
7. 7.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
8. 8.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
9. 9.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
10. 10.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
11. 11.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 ₹)?
12. 12.Rohan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
13. 13.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
14. 14.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
15. 15.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
16. 16.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
17. 17.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
19. 19.Rohan’s stall made a profit of ₹2000. Rohan saves 10% of it. How many rupees are saved?
20. 20.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
21. 21.Farhan’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
22. 22.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
25. 25.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
26. 26.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
27. 27.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 ₹)?
28. 28.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
29. 29.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
30. 30.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
31. 31.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
32. 32.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
33. 33.Arjun’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
34. 34.Which of these is spending on yourself? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
35. 35.Kabir’s stall made a profit of ₹1900. Kabir saves 10% of it. How many rupees are saved?
36. 36.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
37. 37.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
38. 38.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) better paint for cards (d) an emergency fund
39. 39.Nisha’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
40. 40.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

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