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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 744 · 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 ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  2. 2.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  4. 4.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  6. 6.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) sweets for yourself
  7. 7.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Farhan’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.Kabir’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Riya’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  12. 12.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) a new video game
  13. 13.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  18. 18.Lakshmi’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 reinvested?
  19. 19.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  20. 20.Farhan’s stall made a profit of ₹1400. Farhan saves 20% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  22. 22.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  23. 23.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
  24. 24.Rohan’s stall made a profit of ₹200. Rohan saves 50% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  26. 26.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Meera’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
  32. 32.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  33. 33.Joseph’s stall made a profit of ₹1500. Joseph saves 25% of it. How many rupees are saved?
  34. 34.Zoya’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Zoya’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Vihaan’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  40. 40.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. 106
  2. 32
  3. buying a second juicer
  4. putting profit back in
  5. spending
  6. a piggy bank for later
  7. 27
  8. 1140
  9. 420
  10. 900
  11. the cost of borrowing
  12. a new video game
  13. 24
  14. 24
  15. reinvesting
  16. talk to parents
  17. to keep trust
  18. 1000
  19. more seeds for next time
  20. 280
  21. better paint for cards
  22. spending
  23. 40
  24. 100
  25. saving
  26. 408
  27. 306
  28. 945
  29. 826
  30. 650
  31. profit put in a bank
  32. spending
  33. 375
  34. 350
  35. 480
  36. 660
  37. 1140
  38. 248
  39. for bad days and goals
  40. 428

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