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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 381 · 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 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  3. 3.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  4. 4.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  5. 5.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) sweets for yourself (d) a cinema ticket
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) a new video game
  9. 9.Lakshmi’s stall made a profit of ₹1900. Lakshmi saves 25% of it. How many rupees are saved?
  10. 10.Kavya’s stall made a profit of ₹900. Kavya saves 20% of it. How many rupees are saved?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  12. 12.Joseph’s stall made a profit of ₹400. Joseph saves 10% of it. How many rupees are saved?
  13. 13.Joseph’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  15. 15.Zoya’s stall made a profit of ₹1300. Zoya saves 20% of it. How many rupees are saved?
  16. 16.Arjun’s stall made a profit of ₹600. Arjun saves 10% of it. How many rupees are saved?
  17. 17.Aarav’s stall made a profit of ₹900. 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 ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  21. 21.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  22. 22.Kabir’s stall made a profit of ₹1700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  24. 24.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  25. 25.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Which of these is spending on yourself? (a) a piggy bank for later (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  27. 27.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a cinema ticket (d) a new video game
  28. 28.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Vihaan’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) profit put in a bank (d) better paint for cards
  31. 31.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
  32. 32.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  33. 33.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  34. 34.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) a new video game (d) more seeds for next time
  38. 38.Arjun’s stall made a profit of ₹1800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving

Answer key

  1. 1040
  2. buying a second juicer
  3. 12
  4. 654
  5. 20
  6. more seeds for next time
  7. saving
  8. a new video game
  9. 475
  10. 180
  11. talk to parents
  12. 40
  13. 300
  14. reinvesting
  15. 260
  16. 60
  17. 540
  18. 48
  19. for bad days and goals
  20. spending
  21. spending
  22. 935
  23. can I pay it back?
  24. reinvesting
  25. 848
  26. a cinema ticket
  27. a piggy bank for later
  28. 110
  29. 400
  30. better paint for cards
  31. to keep trust
  32. sweets for yourself
  33. putting profit back in
  34. 104
  35. 840
  36. 18
  37. an emergency fund
  38. 720
  39. 60
  40. reinvesting

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