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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 183 · 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.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Riya’s stall made a profit of ₹2000. Riya saves 25% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) better paint for cards (d) profit put in a bank
  4. 4.Which of these is saving? (a) a new video game (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  5. 5.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  6. 6.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  7. 7.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  8. 8.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.Aarav’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  11. 11.Joseph’s stall made a profit of ₹300. Joseph saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.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 ₹)?
  14. 14.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  16. 16.Nisha’s stall made a profit of ₹500. Nisha saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  19. 19.Meera’s stall made a profit of ₹1500. Meera saves 10% of it. How many rupees are saved?
  20. 20.Tara’s stall made a profit of ₹1900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Ishaan’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.Which of these is reinvesting in the business? (a) a piggy bank for later (b) more seeds for next time (c) sweets for yourself (d) a new video game
  24. 24.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) profit put in a bank (d) more seeds for next time
  25. 25.Riya’s stall made a profit of ₹1100. Riya saves 50% of it. How many rupees are saved?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  27. 27.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) an emergency fund (d) profit put in a bank
  28. 28.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  30. 30.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Kavya’s stall made a profit of ₹200. Kavya saves 25% of it. How many rupees are saved?
  32. 32.Aarav’s stall made a profit of ₹800. Aarav saves 10% of it. How many rupees are saved?
  33. 33.Dev’s stall made a profit of ₹1300. Dev saves 50% of it. How many rupees are saved?
  34. 34.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  35. 35.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) more seeds for next time
  36. 36.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  37. 37.Arjun’s stall made a profit of ₹1300. Arjun saves 10% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  39. 39.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Riya’s stall made a profit of ₹1000. Riya saves 50% of it. How many rupees are saved?

Answer key

  1. 1089
  2. 500
  3. profit put in a bank
  4. a piggy bank for later
  5. can I pay it back?
  6. 100
  7. better paint for cards
  8. 1180
  9. 240
  10. spending
  11. 30
  12. 24
  13. 112
  14. 972
  15. putting profit back in
  16. 250
  17. 1080
  18. saving
  19. 150
  20. 950
  21. 847
  22. 800
  23. more seeds for next time
  24. a new video game
  25. 550
  26. reinvesting
  27. sweets for yourself
  28. 21
  29. talk to parents
  30. 30
  31. 50
  32. 80
  33. 650
  34. 200
  35. an emergency fund
  36. spending
  37. 130
  38. reinvesting
  39. 48
  40. 500

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