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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 460 · 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 interest is due after 1 year (in ₹)?
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  3. 3.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.Riya’s stall made a profit of ₹500. Riya saves 25% of it. How many rupees are saved?
  5. 5.Joseph’s stall made a profit of ₹500. Joseph saves 25% of it. How many rupees are saved?
  6. 6.Diya’s stall made a profit of ₹300. Diya saves 20% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  8. 8.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  9. 9.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  11. 11.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  13. 13.Rohan’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) better paint for cards
  15. 15.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 ₹)?
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  17. 17.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 10% of it. How many rupees are saved?
  18. 18.Tara’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Saanvi’s stall made a profit of ₹500. Saanvi saves 10% of it. How many rupees are saved?
  21. 21.Saanvi’s stall made a profit of ₹1400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  24. 24.Vihaan’s stall made a profit of ₹2000. Vihaan saves 20% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  26. 26.Riya’s stall made a profit of ₹600. Riya saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Dev’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  31. 31.Nisha’s stall made a profit of ₹900. Nisha saves 25% of it. How many rupees are saved?
  32. 32.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  33. 33.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Tara’s stall made a profit of ₹1900. Tara saves 10% of it. How many rupees are saved?
  35. 35.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  36. 36.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) sweets for yourself
  37. 37.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  38. 38.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 ₹)?
  39. 39.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 ₹)?
  40. 40.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 60
  2. a cinema ticket
  3. 3
  4. 125
  5. 125
  6. 60
  7. reinvesting
  8. the cost of borrowing
  9. 864
  10. saving
  11. 540
  12. reinvesting
  13. 960
  14. profit put in a bank
  15. 104
  16. saving
  17. 30
  18. 240
  19. 64
  20. 50
  21. 560
  22. 45
  23. spending
  24. 400
  25. spending
  26. 300
  27. 8
  28. 180
  29. 100
  30. 216
  31. 225
  32. to keep trust
  33. 6
  34. 190
  35. for bad days and goals
  36. better paint for cards
  37. putting profit back in
  38. 420
  39. 240
  40. 324

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