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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 284 · 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 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  4. 4.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  5. 5.Aarav’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Diya’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  9. 9.Diya’s stall made a profit of ₹600. Diya saves 50% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  11. 11.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  12. 12.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.Vihaan’s stall made a profit of ₹1600. Vihaan saves 20% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) a new video game (d) an emergency fund
  15. 15.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Riya’s stall made a profit of ₹700. Riya saves 10% of it. How many rupees are saved?
  17. 17.Ananya’s stall made a profit of ₹700. Ananya saves 20% of it. How many rupees are saved?
  18. 18.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 ₹)?
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  20. 20.Which of these is saving? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  21. 21.Dev’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Diya’s stall made a profit of ₹1400. Diya saves 25% of it. How many rupees are saved?
  23. 23.Arjun’s stall made a profit of ₹1900. Arjun saves 20% of it. How many rupees are saved?
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  25. 25.Vihaan’s stall made a profit of ₹1500. Vihaan saves 10% of it. How many rupees are saved?
  26. 26.Nisha’s stall made a profit of ₹300. Nisha saves 50% of it. How many rupees are saved?
  27. 27.Arjun’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  29. 29.Riya’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Diya’s stall made a profit of ₹800. Diya saves 20% of it. How many rupees are saved?
  31. 31.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 ₹)?
  32. 32.Ishaan’s stall made a profit of ₹1900. Ishaan saves 10% of it. How many rupees are saved?
  33. 33.Lakshmi’s stall made a profit of ₹1700. Lakshmi saves 20% of it. How many rupees are saved?
  34. 34.🐷 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
  35. 35.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  36. 36.Joseph’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  39. 39.Kabir’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Diya’s stall made a profit of ₹900. Diya saves 10% of it. How many rupees are saved?

Answer key

  1. 108
  2. 120
  3. can I pay it back?
  4. the cost of borrowing
  5. 80
  6. 106
  7. 390
  8. reinvesting
  9. 300
  10. reinvesting
  11. saving
  12. 684
  13. 320
  14. a new video game
  15. 200
  16. 70
  17. 140
  18. 1060
  19. talk to parents
  20. profit put in a bank
  21. 650
  22. 350
  23. 380
  24. spending
  25. 150
  26. 150
  27. 250
  28. putting profit back in
  29. 510
  30. 160
  31. 110
  32. 190
  33. 340
  34. for bad days and goals
  35. to keep trust
  36. 510
  37. sweets for yourself
  38. saving
  39. 160
  40. 90

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