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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 637 · 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 ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  3. 3.Diya’s stall made a profit of ₹1900. Diya saves 50% of it. How many rupees are saved?
  4. 4.Diya’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Riya’s stall made a profit of ₹1000. Riya saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  7. 7.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  9. 9.Vihaan’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  11. 11.Rohan’s stall made a profit of ₹1400. Rohan saves 50% of it. How many rupees are saved?
  12. 12.Farhan’s stall made a profit of ₹300. Farhan saves 25% of it. How many rupees are saved?
  13. 13.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) an emergency fund (d) a new video game
  14. 14.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 ₹)?
  15. 15.Nisha’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?
  16. 16.Rohan’s stall made a profit of ₹1000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Farhan’s stall made a profit of ₹400. Farhan saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Riya’s stall made a profit of ₹1200. Riya saves 50% of it. How many rupees are saved?
  20. 20.Kabir’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  22. 22.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) more seeds for next time (d) a piggy bank for later
  24. 24.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  25. 25.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 ₹)?
  26. 26.Aarav’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  28. 28.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.🐷 Why save part of the profit? (a) for bad days and goals (b) saving is a loss (c) no reason (d) to waste it later
  31. 31.Arjun’s stall made a profit of ₹200. Arjun saves 20% of it. How many rupees are saved?
  32. 32.Tara’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) more seeds for next time (d) a new video game
  34. 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  35. 35.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  38. 38.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  40. 40.Riya’s stall made a profit of ₹1300. Riya saves 50% of it. How many rupees are saved?

Answer key

  1. 14
  2. saving
  3. 950
  4. 760
  5. 250
  6. spending
  7. 672
  8. buying a second juicer
  9. 180
  10. reinvesting
  11. 700
  12. 75
  13. a new video game
  14. 1020
  15. 250
  16. 300
  17. 40
  18. 8
  19. 600
  20. 950
  21. putting profit back in
  22. 81
  23. more seeds for next time
  24. better paint for cards
  25. 672
  26. 760
  27. the cost of borrowing
  28. 60
  29. 324
  30. for bad days and goals
  31. 40
  32. 640
  33. an emergency fund
  34. saving
  35. 112
  36. 944
  37. talk to parents
  38. to keep trust
  39. spending
  40. 650

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