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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 701 · 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 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.Which of these is saving? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  3. 3.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  5. 5.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) better paint for cards
  7. 7.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  8. 8.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  9. 9.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  11. 11.Meera’s stall made a profit of ₹1500. Meera saves 25% of it. How many rupees are saved?
  12. 12.Arjun’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  14. 14.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
  15. 15.Which of these is saving? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) profit put in a bank
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  17. 17.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  18. 18.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  20. 20.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  25. 25.Nisha’s stall made a profit of ₹1200. Nisha saves 10% of it. How many rupees are saved?
  26. 26.Aarav’s stall made a profit of ₹300. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) a cinema ticket (d) a piggy bank for later
  30. 30.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) buying a second juicer
  31. 31.Arjun’s stall made a profit of ₹200. Arjun saves 50% of it. How many rupees are saved?
  32. 32.Ananya’s stall made a profit of ₹1400. Ananya saves 50% of it. How many rupees are saved?
  33. 33.Nisha’s stall made a profit of ₹1300. Nisha saves 25% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  35. 35.Riya’s stall made a profit of ₹1500. Riya saves 25% of it. How many rupees are saved?
  36. 36.Which of these is saving? (a) buying a second juicer (b) a new video game (c) a piggy bank for later (d) a cinema ticket
  37. 37.Rohan’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.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 ₹)?
  39. 39.Rohan’s stall made a profit of ₹1100. Rohan saves 10% of it. How many rupees are saved?
  40. 40.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing

Answer key

  1. 40
  2. an emergency fund
  3. 624
  4. spending
  5. 7
  6. better paint for cards
  7. 124
  8. to keep trust
  9. 960
  10. saving
  11. 375
  12. 750
  13. saving
  14. for bad days and goals
  15. profit put in a bank
  16. reinvesting
  17. a new video game
  18. 220
  19. 480
  20. 545
  21. 30
  22. 315
  23. sweets for yourself
  24. talk to parents
  25. 120
  26. 150
  27. 18
  28. 327
  29. a cinema ticket
  30. buying a second juicer
  31. 100
  32. 700
  33. 325
  34. saving
  35. 375
  36. a piggy bank for later
  37. 210
  38. 928
  39. 110
  40. the cost of borrowing

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