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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 655 · 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 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.Aarav’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  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 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  5. 5.Ishaan’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  7. 7.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) better paint for cards
  8. 8.Arjun’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) a cinema ticket (d) a new video game
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  11. 11.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  13. 13.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 ₹)?
  14. 14.Diya’s stall made a profit of ₹400. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  16. 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  17. 17.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.Joseph’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Kavya’s stall made a profit of ₹300. Kavya saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  21. 21.Diya’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Tara’s stall made a profit of ₹800. Tara saves 10% of it. How many rupees are saved?
  24. 24.Kabir’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Riya’s stall made a profit of ₹1100. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Farhan’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Rohan’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  29. 29.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.Kavya’s stall made a profit of ₹1700. Kavya saves 50% of it. How many rupees are saved?
  31. 31.Kavya’s stall made a profit of ₹1100. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Lakshmi’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?
  33. 33.Gurpreet’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Farhan’s stall made a profit of ₹700. Farhan saves 10% 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.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  37. 37.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) more seeds for next time (d) a new video game
  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 2 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.Diya’s stall made a profit of ₹1600. Diya saves 50% of it. How many rupees are saved?

Answer key

  1. 496
  2. 800
  3. 720
  4. reinvesting
  5. 500
  6. saving
  7. a piggy bank for later
  8. 1140
  9. buying a second juicer
  10. to keep trust
  11. putting profit back in
  12. reinvesting
  13. 345
  14. 200
  15. talk to parents
  16. saving
  17. 456
  18. 70
  19. 60
  20. 204
  21. 1200
  22. 120
  23. 80
  24. 600
  25. 770
  26. 560
  27. 440
  28. the cost of borrowing
  29. 36
  30. 850
  31. 440
  32. 140
  33. 360
  34. 70
  35. spending
  36. saving
  37. more seeds for next time
  38. 1060
  39. 70
  40. 800

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