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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 21 · 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 ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) better paint for cards
  4. 4.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.👪 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
  6. 6.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.Ananya’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 reinvested?
  8. 8.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  10. 10.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) buying a second juicer
  11. 11.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  12. 12.A small family shop borrows ₹200 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 ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) can I pay it back? (d) what is the logo?
  15. 15.Farhan’s stall made a profit of ₹1800. Farhan saves 50% of it. How many rupees are saved?
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) sweets for yourself
  17. 17.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Kabir’s stall made a profit of ₹1200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Tara’s stall made a profit of ₹1400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Kabir’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Vihaan’s stall made a profit of ₹800. Vihaan saves 25% of it. How many rupees are saved?
  22. 22.Aarav’s stall made a profit of ₹1500. Aarav saves 10% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  26. 26.Joseph’s stall made a profit of ₹200. Joseph saves 25% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a new video game (d) an emergency fund
  28. 28.Meera’s stall made a profit of ₹700. Meera saves 10% of it. How many rupees are saved?
  29. 29.Joseph’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  31. 31.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  33. 33.Vihaan’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  37. 37.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  38. 38.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Gurpreet’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Riya’s stall made a profit of ₹500. Riya saves 10% of it. How many rupees are saved?

Answer key

  1. 10
  2. 432
  3. better paint for cards
  4. 236
  5. talk to parents
  6. 112
  7. 150
  8. for bad days and goals
  9. spending
  10. a new video game
  11. putting profit back in
  12. 8
  13. 660
  14. can I pay it back?
  15. 900
  16. sweets for yourself
  17. 48
  18. 360
  19. 420
  20. 240
  21. 200
  22. 150
  23. 60
  24. a cinema ticket
  25. reinvesting
  26. 50
  27. an emergency fund
  28. 70
  29. 400
  30. profit put in a bank
  31. a piggy bank for later
  32. reinvesting
  33. 720
  34. 580
  35. 3
  36. saving
  37. spending
  38. 1035
  39. 350
  40. 50

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