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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 689 · 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 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  4. 4.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  5. 5.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  7. 7.Saanvi’s stall made a profit of ₹1400. Saanvi saves 10% of it. How many rupees are saved?
  8. 8.Lakshmi’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is reinvesting in the business? (a) a piggy bank for later (b) buying a second juicer (c) sweets for yourself (d) a new video game
  10. 10.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  12. 12.Nisha’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Zoya’s stall made a profit of ₹1800. Zoya saves 10% of it. How many rupees are saved?
  14. 14.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 ₹)?
  15. 15.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) better paint for cards (d) a new video game
  17. 17.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  18. 18.Vihaan’s stall made a profit of ₹300. Vihaan saves 25% of it. How many rupees are saved?
  19. 19.Meera’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Farhan’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  22. 22.Kabir’s stall made a profit of ₹400. Kabir saves 10% of it. How many rupees are saved?
  23. 23.Ishaan’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.🐷 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
  26. 26.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Tara’s stall made a profit of ₹1500. Tara saves 20% of it. How many rupees are saved?
  29. 29.Which of these is saving? (a) buying a second juicer (b) a new video game (c) sweets for yourself (d) an emergency fund
  30. 30.Ishaan’s stall made a profit of ₹600. Ishaan saves 10% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  32. 32.Lakshmi’s stall made a profit of ₹1300. Lakshmi saves 25% of it. How many rupees are saved?
  33. 33.Nisha’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Dev’s stall made a profit of ₹300. Dev saves 25% of it. How many rupees are saved?
  35. 35.Lakshmi’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 spent?
  36. 36.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  38. 38.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.Dev’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending

Answer key

  1. 484
  2. 14
  3. saving
  4. sweets for yourself
  5. can I pay it back?
  6. spending
  7. 140
  8. 160
  9. buying a second juicer
  10. 108
  11. saving
  12. 600
  13. 180
  14. 672
  15. 36
  16. a new video game
  17. 125
  18. 75
  19. 150
  20. 850
  21. talk to parents
  22. 40
  23. 680
  24. 1016
  25. for bad days and goals
  26. 18
  27. 30
  28. 300
  29. an emergency fund
  30. 60
  31. reinvesting
  32. 325
  33. 250
  34. 75
  35. 210
  36. 1210
  37. the cost of borrowing
  38. 1120
  39. 1045
  40. spending

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