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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 607 · 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.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 10% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Rohan’s stall made a profit of ₹1600. Rohan saves 25% of it. How many rupees are saved?
  4. 4.Which of these is saving? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
  5. 5.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  6. 6.Arjun’s stall made a profit of ₹500. Arjun saves 20% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  9. 9.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  11. 11.Arjun’s stall made a profit of ₹1700. Arjun saves 10% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  13. 13.Dev’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  16. 16.Kavya’s stall made a profit of ₹1800. Kavya saves 50% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  18. 18.Diya’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.Gurpreet’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  22. 22.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
  23. 23.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  24. 24.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  25. 25.Zoya’s stall made a profit of ₹1000. Zoya saves 20% of it. How many rupees are saved?
  26. 26.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  27. 27.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Diya’s stall made a profit of ₹400. Diya saves 25% of it. How many rupees are saved?
  30. 30.Tara’s stall made a profit of ₹600. Tara saves 25% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a new video game (d) better paint for cards
  33. 33.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  34. 34.Nisha’s stall made a profit of ₹1600. Nisha saves 20% of it. How many rupees are saved?
  35. 35.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  36. 36.Saanvi’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Nisha’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  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.Meera’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.Vihaan’s stall made a profit of ₹1200. Vihaan saves 50% of it. How many rupees are saved?

Answer key

  1. 30
  2. 15
  3. 400
  4. an emergency fund
  5. reinvesting
  6. 100
  7. 112
  8. can I pay it back?
  9. reinvesting
  10. talk to parents
  11. 170
  12. reinvesting
  13. 60
  14. a new video game
  15. spending
  16. 900
  17. spending
  18. 240
  19. 60
  20. a piggy bank for later
  21. saving
  22. more seeds for next time
  23. 140
  24. the cost of borrowing
  25. 200
  26. for bad days and goals
  27. 12
  28. 115
  29. 100
  30. 150
  31. 212
  32. better paint for cards
  33. 28
  34. 320
  35. putting profit back in
  36. 540
  37. 600
  38. 436
  39. 140
  40. 600

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