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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 480 · 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.Diya’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.Which of these is saving? (a) a new video game (b) a cinema ticket (c) an emergency fund (d) more seeds for next time
  3. 3.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Kabir’s stall made a profit of ₹500. Kabir saves 50% of it. How many rupees are saved?
  5. 5.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  6. 6.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  7. 7.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 ₹)?
  8. 8.Gurpreet’s stall made a profit of ₹1900. Gurpreet saves 25% of it. How many rupees are saved?
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  10. 10.Riya’s stall made a profit of ₹1800. Riya saves 10% of it. How many rupees are saved?
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) an emergency fund
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  15. 15.Diya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  22. 22.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  23. 23.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  24. 24.Aarav’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) buying a second juicer (d) an emergency fund
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  27. 27.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  28. 28.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  30. 30.Aarav’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Farhan’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.Meera’s stall made a profit of ₹300. Meera saves 20% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  34. 34.Vihaan’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  36. 36.Meera’s stall made a profit of ₹1000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Farhan’s stall made a profit of ₹500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Vihaan’s stall made a profit of ₹1300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 750
  2. an emergency fund
  3. 1080
  4. 250
  5. the cost of borrowing
  6. to keep trust
  7. 1040
  8. 475
  9. reinvesting
  10. 180
  11. reinvesting
  12. buying a second juicer
  13. spending
  14. spending
  15. 560
  16. 6
  17. 5
  18. 954
  19. 496
  20. 118
  21. talk to parents
  22. spending
  23. 160
  24. 40
  25. a new video game
  26. reinvesting
  27. can I pay it back?
  28. 192
  29. putting profit back in
  30. 300
  31. 320
  32. 60
  33. saving
  34. 560
  35. 170
  36. 200
  37. 250
  38. 436
  39. 96
  40. 910

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