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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 411 · 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.Meera’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.Zoya’s stall made a profit of ₹1000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  4. 4.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  7. 7.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  9. 9.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  10. 10.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Diya’s stall made a profit of ₹1000. Diya saves 10% of it. How many rupees are saved?
  12. 12.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  13. 13.Lakshmi’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  15. 15.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  18. 18.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  19. 19.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  21. 21.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Kabir’s stall made a profit of ₹200. Kabir saves 25% 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 must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) more seeds for next time (d) better paint for cards
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  28. 28.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  30. 30.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  31. 31.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) profit put in a bank
  32. 32.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  33. 33.Ananya’s stall made a profit of ₹1700. Ananya saves 10% of it. How many rupees are saved?
  34. 34.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) more seeds for next time
  35. 35.Zoya’s stall made a profit of ₹600. Zoya saves 20% of it. How many rupees are saved?
  36. 36.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  37. 37.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  38. 38.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Arjun’s stall made a profit of ₹1800. Arjun saves 10% of it. How many rupees are saved?
  40. 40.Saanvi’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 330
  2. 350
  3. saving
  4. 56
  5. 54
  6. a new video game
  7. 321
  8. more seeds for next time
  9. the cost of borrowing
  10. 120
  11. 100
  12. to keep trust
  13. 200
  14. spending
  15. 210
  16. 105
  17. can I pay it back?
  18. putting profit back in
  19. 16
  20. reinvesting
  21. 40
  22. 672
  23. 50
  24. 936
  25. 80
  26. sweets for yourself
  27. reinvesting
  28. 109
  29. spending
  30. saving
  31. profit put in a bank
  32. for bad days and goals
  33. 170
  34. a piggy bank for later
  35. 120
  36. talk to parents
  37. saving
  38. 345
  39. 180
  40. 240

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