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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 74 · 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.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  2. 2.Zoya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Gurpreet’s stall made a profit of ₹600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  5. 5.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) a gift (d) free money
  6. 6.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  8. 8.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) an emergency fund
  9. 9.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 ₹)?
  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 3 years (in ₹)?
  11. 11.Riya’s stall made a profit of ₹1000. Riya saves 50% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  14. 14.Arjun’s stall made a profit of ₹1200. Arjun saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Diya’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Zoya’s stall made a profit of ₹200. Zoya saves 50% of it. How many rupees are saved?
  18. 18.Lakshmi’s stall made a profit of ₹1500. Lakshmi saves 50% of it. How many rupees are saved?
  19. 19.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  20. 20.Meera’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  22. 22.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Riya’s stall made a profit of ₹300. Riya saves 50% of it. How many rupees are saved?
  24. 24.Meera’s stall made a profit of ₹1600. Meera saves 50% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  26. 26.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.Farhan’s stall made a profit of ₹700. Farhan saves 20% of it. How many rupees are saved?
  28. 28.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) sweets for yourself
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  30. 30.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  31. 31.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  32. 32.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Ananya’s stall made a profit of ₹1000. Ananya saves 25% of it. How many rupees are saved?
  34. 34.Arjun’s stall made a profit of ₹600. Arjun saves 25% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) an emergency fund (b) a piggy bank for later (c) a new video game (d) better paint for cards
  36. 36.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  37. 37.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) buying a second juicer
  39. 39.Ishaan’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. saving
  2. 220
  3. 420
  4. 240
  5. the cost of borrowing
  6. spending
  7. saving
  8. an emergency fund
  9. 672
  10. 112
  11. 500
  12. 48
  13. reinvesting
  14. 120
  15. 570
  16. 1000
  17. 100
  18. 750
  19. sweets for yourself
  20. 80
  21. spending
  22. 140
  23. 150
  24. 800
  25. spending
  26. 896
  27. 140
  28. a piggy bank for later
  29. saving
  30. putting profit back in
  31. for bad days and goals
  32. 90
  33. 250
  34. 150
  35. a new video game
  36. to keep trust
  37. 36
  38. profit put in a bank
  39. 720
  40. 880

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