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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 335 · 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 ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Kavya’s stall made a profit of ₹2000. Kavya saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  5. 5.Which of these is saving? (a) better paint for cards (b) an emergency fund (c) a new video game (d) a cinema ticket
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.Which of these is saving? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  8. 8.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  11. 11.💡 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?
  12. 12.Ishaan’s stall made a profit of ₹500. Ishaan saves 10% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  14. 14.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
  15. 15.Ishaan’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Farhan’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  18. 18.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  20. 20.Riya’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 spent?
  21. 21.Arjun’s stall made a profit of ₹600. Arjun saves 25% of it. How many rupees are saved?
  22. 22.Kavya’s stall made a profit of ₹400. Kavya saves 10% of it. How many rupees are saved?
  23. 23.Joseph’s stall made a profit of ₹1100. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Which of these is spending on yourself? (a) sweets for yourself (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  25. 25.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 ₹)?
  26. 26.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) better paint for cards (d) a cinema ticket
  27. 27.Arjun’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.Dev’s stall made a profit of ₹200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  30. 30.Arjun’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  32. 32.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  35. 35.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.Which of these is spending on yourself? (a) a piggy bank for later (b) a new video game (c) profit put in a bank (d) better paint for cards
  37. 37.Kabir’s stall made a profit of ₹1300. Kabir saves 50% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Vihaan’s stall made a profit of ₹1400. Vihaan saves 50% of it. How many rupees are saved?
  40. 40.Dev’s stall made a profit of ₹300. Dev saves 25% of it. How many rupees are saved?

Answer key

  1. 1120
  2. 40
  3. 1000
  4. saving
  5. an emergency fund
  6. saving
  7. a piggy bank for later
  8. 336
  9. saving
  10. spending
  11. can I pay it back?
  12. 50
  13. reinvesting
  14. 100
  15. 240
  16. 500
  17. putting profit back in
  18. 108
  19. the cost of borrowing
  20. 220
  21. 150
  22. 40
  23. 220
  24. sweets for yourself
  25. 236
  26. profit put in a bank
  27. 1120
  28. 90
  29. talk to parents
  30. 300
  31. reinvesting
  32. 84
  33. a cinema ticket
  34. spending
  35. 714
  36. a new video game
  37. 650
  38. 270
  39. 700
  40. 75

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