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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 188 · 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 ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Nisha’s stall made a profit of ₹400. Nisha saves 25% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.Aarav’s stall made a profit of ₹900. Aarav saves 25% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) sweets for yourself
  7. 7.🐷 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
  8. 8.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  9. 9.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) a cinema ticket
  10. 10.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  11. 11.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  13. 13.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Joseph’s stall made a profit of ₹1100. Joseph saves 10% of it. How many rupees are saved?
  15. 15.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  16. 16.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  17. 17.Ishaan’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.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 ₹)?
  19. 19.Riya’s stall made a profit of ₹1800. Riya saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.Farhan’s stall made a profit of ₹200. Farhan saves 20% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) sweets for yourself (b) a new video game (c) more seeds for next time (d) profit put in a bank
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  25. 25.Rohan’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Kavya’s stall made a profit of ₹1200. Kavya saves 25% of it. How many rupees are saved?
  27. 27.Diya’s stall made a profit of ₹600. Diya saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) an emergency fund (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  31. 31.Farhan’s stall made a profit of ₹800. Farhan saves 25% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  33. 33.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  37. 37.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) buying a second juicer
  38. 38.Tara’s stall made a profit of ₹200. Tara saves 25% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving

Answer key

  1. 318
  2. 100
  3. saving
  4. 416
  5. 225
  6. buying a second juicer
  7. for bad days and goals
  8. 170
  9. an emergency fund
  10. a piggy bank for later
  11. the cost of borrowing
  12. saving
  13. 72
  14. 110
  15. putting profit back in
  16. to keep trust
  17. 600
  18. 936
  19. 360
  20. 110
  21. 8
  22. 40
  23. profit put in a bank
  24. spending
  25. 640
  26. 300
  27. 120
  28. 354
  29. 40
  30. more seeds for next time
  31. 200
  32. reinvesting
  33. 106
  34. 12
  35. 64
  36. 200
  37. sweets for yourself
  38. 50
  39. 440
  40. spending

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