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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 686 · 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.Farhan’s stall made a profit of ₹1200. Farhan saves 25% of it. How many rupees are saved?
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 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
  4. 4.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 ₹)?
  5. 5.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Diya’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 reinvested?
  7. 7.Kabir’s stall made a profit of ₹1400. Kabir saves 10% of it. How many rupees are saved?
  8. 8.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  9. 9.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  10. 10.Aarav’s stall made a profit of ₹200. Aarav saves 25% of it. How many rupees are saved?
  11. 11.Rohan’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  16. 16.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a cinema ticket
  17. 17.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Which of these is spending on yourself? (a) buying a second juicer (b) better paint for cards (c) a new video game (d) profit put in a bank
  19. 19.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.Zoya’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  23. 23.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Riya’s stall made a profit of ₹200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  26. 26.Tara’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Kabir’s stall made a profit of ₹2000. Kabir saves 20% of it. How many rupees are saved?
  28. 28.Vihaan’s stall made a profit of ₹1200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 20% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  31. 31.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  32. 32.Kavya’s stall made a profit of ₹300. Kavya saves 10% of it. How many rupees are saved?
  33. 33.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  34. 34.Dev’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Lakshmi’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Arjun’s stall made a profit of ₹1000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Kabir’s stall made a profit of ₹700. Kabir saves 25% of it. How many rupees are saved?
  38. 38.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  39. 39.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting

Answer key

  1. 300
  2. reinvesting
  3. for bad days and goals
  4. 204
  5. 30
  6. 80
  7. 140
  8. profit put in a bank
  9. 84
  10. 50
  11. 480
  12. saving
  13. 784
  14. 36
  15. spending
  16. a cinema ticket
  17. 56
  18. a new video game
  19. 928
  20. 480
  21. 90
  22. the cost of borrowing
  23. 63
  24. 40
  25. a piggy bank for later
  26. 260
  27. 400
  28. 600
  29. 140
  30. spending
  31. talk to parents
  32. 30
  33. to keep trust
  34. 60
  35. 440
  36. 300
  37. 175
  38. can I pay it back?
  39. 864
  40. reinvesting

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