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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 423 · 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.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  3. 3.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  4. 4.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  6. 6.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  8. 8.Arjun’s stall made a profit of ₹1200. Arjun saves 10% of it. How many rupees are saved?
  9. 9.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.Aarav’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  13. 13.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  15. 15.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  16. 16.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.Ananya’s stall made a profit of ₹1700. Ananya saves 10% of it. How many rupees are saved?
  18. 18.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  20. 20.Nisha’s stall made a profit of ₹200. Nisha saves 20% of it. How many rupees are saved?
  21. 21.Aarav’s stall made a profit of ₹1800. Aarav saves 10% of it. How many rupees are saved?
  22. 22.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  23. 23.Tara’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 spent?
  24. 24.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.Riya’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Farhan’s stall made a profit of ₹1900. Farhan saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  28. 28.Tara’s stall made a profit of ₹200. Tara saves 25% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Ananya’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?
  32. 32.Tara’s stall made a profit of ₹700. Tara saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Which of these is spending on yourself? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) an emergency fund
  36. 36.Joseph’s stall made a profit of ₹1300. Joseph saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Ananya’s stall made a profit of ₹400. Ananya saves 10% of it. How many rupees are saved?

Answer key

  1. spending
  2. to keep trust
  3. spending
  4. 36
  5. for bad days and goals
  6. 15
  7. saving
  8. 120
  9. 520
  10. 300
  11. 510
  12. the cost of borrowing
  13. sweets for yourself
  14. reinvesting
  15. putting profit back in
  16. 60
  17. 170
  18. buying a second juicer
  19. spending
  20. 40
  21. 180
  22. can I pay it back?
  23. 700
  24. 721
  25. 600
  26. 950
  27. 130
  28. 50
  29. 240
  30. 420
  31. 540
  32. 70
  33. reinvesting
  34. 306
  35. a cinema ticket
  36. 130
  37. 1008
  38. 40
  39. 18
  40. 40

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