Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 994 · 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.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
2. 2.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) a new video game
3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
5. 5.Which of these is saving? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
6. 6.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
7. 7.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
8. 8.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
9. 9.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) better paint for cards
11. 11.Aarav’s stall made a profit of ₹1900. Aarav saves 20% of it. How many rupees are saved?
12. 12.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) an emergency fund (d) profit put in a bank
13. 13.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) buying a second juicer (d) a new video game
14. 14.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 ₹)?
15. 15.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
16. 16.🐷 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
17. 17.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 ₹)?
18. 18.Arjun’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 reinvested?
19. 19.Aarav’s stall made a profit of ₹400. Aarav saves 20% of it. How many rupees are saved?
20. 20.Arjun’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
23. 23.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
24. 24.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
25. 25.Saanvi’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
26. 26.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 50% of it. How many rupees are saved?
27. 27.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
29. 29.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
30. 30.Diya’s stall made a profit of ₹300. Diya saves 10% of it. How many rupees are saved?
31. 31.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
32. 32.Saanvi’s stall made a profit of ₹2000. Saanvi saves 10% of it. How many rupees are saved?
33. 33.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
34. 34.Meera’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
35. 35.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a new video game (d) a piggy bank for later
36. 36.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
37. 37.Aarav’s stall made a profit of ₹1900. Aarav saves 50% of it. How many rupees are saved?
38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
39. 39.Meera’s stall made a profit of ₹1100. Meera saves 25% of it. How many rupees are saved?
40. 40.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?

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