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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 176 · 40 questions
TalentJR

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.

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  1. 1.Arjun’s stall made a profit of ₹1700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  4. 4.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  5. 5.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) an emergency fund
  6. 6.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 10% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  9. 9.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  11. 11.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  12. 12.Aarav’s stall made a profit of ₹1800. Aarav saves 10% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  17. 17.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Rohan’s stall made a profit of ₹1000. Rohan saves 10% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) buying a second juicer
  20. 20.Vihaan’s stall made a profit of ₹1500. Vihaan saves 10% of it. How many rupees are saved?
  21. 21.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  22. 22.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) sweets for yourself
  23. 23.Kabir’s stall made a profit of ₹1900. Kabir saves 50% of it. How many rupees are saved?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  25. 25.Vihaan’s stall made a profit of ₹600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Kabir’s stall made a profit of ₹400. Kabir saves 25% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  28. 28.Kavya’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Kabir’s stall made a profit of ₹1100. Kabir saves 20% of it. How many rupees are saved?
  32. 32.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 ₹)?
  33. 33.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Farhan’s stall made a profit of ₹1100. Farhan saves 10% of it. How many rupees are saved?
  36. 36.🐷 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
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  38. 38.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) an emergency fund
  39. 39.Dev’s stall made a profit of ₹700. Dev saves 50% of it. How many rupees are saved?
  40. 40.Which of these is saving? (a) better paint for cards (b) a new video game (c) sweets for yourself (d) a piggy bank for later

Answer key

  1. 1190
  2. reinvesting
  3. reinvesting
  4. to keep trust
  5. buying a second juicer
  6. 7
  7. 120
  8. reinvesting
  9. 324
  10. the cost of borrowing
  11. spending
  12. 180
  13. 428
  14. putting profit back in
  15. spending
  16. saving
  17. 1070
  18. 100
  19. a new video game
  20. 150
  21. profit put in a bank
  22. sweets for yourself
  23. 950
  24. talk to parents
  25. 300
  26. 100
  27. saving
  28. 950
  29. 63
  30. 635
  31. 220
  32. 327
  33. 936
  34. 954
  35. 110
  36. for bad days and goals
  37. a cinema ticket
  38. an emergency fund
  39. 350
  40. a piggy bank for later

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