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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 821 · 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 ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  2. 2.Joseph’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Dev’s stall made a profit of ₹1200. Dev saves 50% of it. How many rupees are saved?
  5. 5.🏦 Interest on a loan is… (a) free money (b) a discount (c) the cost of borrowing (d) a gift
  6. 6.Which of these is reinvesting in the business? (a) an emergency fund (b) better paint for cards (c) a new video game (d) a cinema ticket
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  8. 8.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) better paint for cards
  9. 9.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  10. 10.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) a new video game (d) sweets for yourself
  11. 11.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) profit put in a bank (d) a new video game
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
  14. 14.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
  15. 15.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  16. 16.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?
  17. 17.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  21. 21.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) a new video game
  25. 25.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  26. 26.Meera’s stall made a profit of ₹1800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  29. 29.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Riya’s stall made a profit of ₹300. Riya saves 10% of it. How many rupees are saved?
  31. 31.Riya’s stall made a profit of ₹1600. Riya saves 10% of it. How many rupees are saved?
  32. 32.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  33. 33.Which of these is saving? (a) a new video game (b) more seeds for next time (c) buying a second juicer (d) an emergency fund
  34. 34.Dev’s stall made a profit of ₹1200. Dev saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.Vihaan’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Joseph’s stall made a profit of ₹400. Joseph saves 10% of it. How many rupees are saved?
  38. 38.Rohan’s stall made a profit of ₹900. Rohan saves 10% of it. How many rupees are saved?
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  40. 40.Dev’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 206
  2. 840
  3. 309
  4. 600
  5. the cost of borrowing
  6. better paint for cards
  7. reinvesting
  8. a cinema ticket
  9. to keep trust
  10. a piggy bank for later
  11. a new video game
  12. saving
  13. 40
  14. can I pay it back?
  15. for bad days and goals
  16. 720
  17. 1120
  18. 35
  19. spending
  20. reinvesting
  21. 110
  22. 84
  23. 216
  24. more seeds for next time
  25. 684
  26. 720
  27. 32
  28. talk to parents
  29. 1090
  30. 30
  31. 160
  32. putting profit back in
  33. an emergency fund
  34. 120
  35. 100
  36. 180
  37. 40
  38. 90
  39. spending
  40. 270

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