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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 518 · 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 ₹400 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.Aarav’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?
  3. 3.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) a new video game
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) sweets for yourself
  5. 5.Joseph’s stall made a profit of ₹1300. Joseph saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  9. 9.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) better paint for cards
  11. 11.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) buying a second juicer (d) an emergency fund
  12. 12.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  13. 13.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  15. 15.Nisha’s stall made a profit of ₹1900. Nisha saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  18. 18.Diya’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.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 ₹)?
  20. 20.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  21. 21.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Rohan’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 spent?
  23. 23.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a new video game (c) sweets for yourself (d) buying a second juicer
  25. 25.Ananya’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.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 ₹)?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  31. 31.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  32. 32.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  34. 34.Rohan’s stall made a profit of ₹1500. Rohan saves 25% of it. How many rupees are saved?
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  36. 36.Dev’s stall made a profit of ₹1800. Dev saves 20% of it. How many rupees are saved?
  37. 37.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  38. 38.Farhan’s stall made a profit of ₹300. Farhan saves 10% of it. How many rupees are saved?
  39. 39.Saanvi’s stall made a profit of ₹1300. Saanvi saves 20% of it. How many rupees are saved?
  40. 40.Ananya’s stall made a profit of ₹700. Ananya saves 50% of it. How many rupees are saved?

Answer key

  1. 108
  2. 700
  3. a piggy bank for later
  4. sweets for yourself
  5. 325
  6. reinvesting
  7. saving
  8. for bad days and goals
  9. 28
  10. profit put in a bank
  11. a new video game
  12. the cost of borrowing
  13. 448
  14. reinvesting
  15. 475
  16. 2
  17. saving
  18. 480
  19. 345
  20. spending
  21. 254
  22. 825
  23. can I pay it back?
  24. buying a second juicer
  25. 280
  26. 40
  27. 10
  28. 20
  29. 428
  30. talk to parents
  31. putting profit back in
  32. 40
  33. spending
  34. 375
  35. spending
  36. 360
  37. 70
  38. 30
  39. 260
  40. 350

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