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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 514 · 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.Ishaan’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  6. 6.Kavya’s stall made a profit of ₹500. Kavya saves 25% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) sweets for yourself
  8. 8.Rohan’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  11. 11.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Which of these is reinvesting in the business? (a) a cinema ticket (b) more seeds for next time (c) an emergency fund (d) profit put in a bank
  13. 13.Riya’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 reinvested?
  14. 14.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  15. 15.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) better paint for cards (d) an emergency fund
  16. 16.Which of these is saving? (a) a new video game (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  17. 17.Arjun’s stall made a profit of ₹1200. Arjun saves 25% of it. How many rupees are saved?
  18. 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  19. 19.Nisha’s stall made a profit of ₹1500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  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.Kavya’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Diya’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) an emergency fund
  27. 27.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  28. 28.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  31. 31.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  33. 33.Rohan’s stall made a profit of ₹1400. Rohan saves 10% of it. How many rupees are saved?
  34. 34.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) profit put in a bank (d) more seeds for next time
  35. 35.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  36. 36.Ananya’s stall made a profit of ₹1500. Ananya saves 20% of it. How many rupees are saved?
  37. 37.Aarav’s stall made a profit of ₹500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving

Answer key

  1. 720
  2. 428
  3. 660
  4. 672
  5. spending
  6. 125
  7. an emergency fund
  8. 330
  9. for bad days and goals
  10. talk to parents
  11. 40
  12. more seeds for next time
  13. 160
  14. can I pay it back?
  15. a cinema ticket
  16. a piggy bank for later
  17. 300
  18. saving
  19. 450
  20. 12
  21. 40
  22. 350
  23. 100
  24. 80
  25. 363
  26. buying a second juicer
  27. the cost of borrowing
  28. 1020
  29. saving
  30. reinvesting
  31. to keep trust
  32. reinvesting
  33. 140
  34. a new video game
  35. 100
  36. 300
  37. 150
  38. 1030
  39. 1060
  40. saving

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