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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 217 · 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.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  2. 2.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  5. 5.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  7. 7.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.Dev’s stall made a profit of ₹1000. Dev saves 25% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  11. 11.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  12. 12.Ishaan’s stall made a profit of ₹400. Ishaan saves 50% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  14. 14.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  15. 15.Which of these is saving? (a) a new video game (b) better paint for cards (c) a cinema ticket (d) profit put in a bank
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  17. 17.Aarav’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  19. 19.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) a new video game (d) more seeds for next time
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  21. 21.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) more seeds for next time
  22. 22.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  23. 23.Riya’s stall made a profit of ₹2000. Riya saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Tara’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.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 ₹)?
  28. 28.Farhan’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  30. 30.Arjun’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) profit put in a bank
  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 ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  35. 35.Dev’s stall made a profit of ₹1700. Dev saves 50% of it. How many rupees are saved?
  36. 36.Kavya’s stall made a profit of ₹1600. Kavya saves 10% of it. How many rupees are saved?
  37. 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  38. 38.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Diya’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. to keep trust
  2. 216
  3. 150
  4. saving
  5. 1060
  6. 918
  7. 424
  8. 250
  9. 32
  10. saving
  11. the cost of borrowing
  12. 200
  13. spending
  14. buying a second juicer
  15. profit put in a bank
  16. spending
  17. 200
  18. talk to parents
  19. a piggy bank for later
  20. better paint for cards
  21. a new video game
  22. 100
  23. 1000
  24. 108
  25. 910
  26. 242
  27. 324
  28. 200
  29. sweets for yourself
  30. 100
  31. more seeds for next time
  32. 200
  33. 124
  34. reinvesting
  35. 850
  36. 160
  37. reinvesting
  38. 32
  39. 112
  40. 950

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