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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 545 · 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 ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.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 ₹)?
  3. 3.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  6. 6.Which of these is saving? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) sweets for yourself
  7. 7.Rohan’s stall made a profit of ₹1900. Rohan saves 50% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  9. 9.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  10. 10.Saanvi’s stall made a profit of ₹1000. Saanvi saves 25% of it. How many rupees are saved?
  11. 11.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) sweets for yourself (d) an emergency fund
  12. 12.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  13. 13.Rohan’s stall made a profit of ₹1200. Rohan saves 20% of it. How many rupees are saved?
  14. 14.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) sweets for yourself
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  16. 16.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Zoya’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Aarav’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) an emergency fund
  20. 20.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  21. 21.Kavya’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) better paint for cards
  24. 24.Aarav’s stall made a profit of ₹1600. Aarav saves 10% of it. How many rupees are saved?
  25. 25.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) it does not matter (d) to lose friends
  26. 26.Tara’s stall made a profit of ₹200. Tara saves 50% of it. How many rupees are saved?
  27. 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  28. 28.Aarav’s stall made a profit of ₹800. Aarav saves 20% of it. How many rupees are saved?
  29. 29.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  30. 30.Dev’s stall made a profit of ₹1000. Dev saves 20% of it. How many rupees are saved?
  31. 31.Lakshmi’s stall made a profit of ₹1100. Lakshmi saves 25% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Kabir’s stall made a profit of ₹2000. Kabir saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  35. 35.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  37. 37.Lakshmi’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.🐷 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
  40. 40.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 330
  2. 420
  3. 84
  4. spending
  5. saving
  6. a piggy bank for later
  7. 950
  8. more seeds for next time
  9. spending
  10. 250
  11. an emergency fund
  12. buying a second juicer
  13. 240
  14. sweets for yourself
  15. talk to parents
  16. 10
  17. 300
  18. 300
  19. a new video game
  20. putting profit back in
  21. 350
  22. 1080
  23. better paint for cards
  24. 160
  25. to keep trust
  26. 100
  27. saving
  28. 160
  29. 200
  30. 200
  31. 275
  32. 27
  33. 200
  34. spending
  35. saving
  36. reinvesting
  37. 60
  38. 12
  39. for bad days and goals
  40. 12

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