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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 851 · 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 interest is due after 3 years (in ₹)?
  2. 2.Kavya’s stall made a profit of ₹500. Kavya saves 25% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  5. 5.Rohan’s stall made a profit of ₹600. Rohan saves 50% of it. How many rupees are saved?
  6. 6.Riya’s stall made a profit of ₹800. Riya saves 50% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  9. 9.Riya’s stall made a profit of ₹1700. Riya saves 10% of it. How many rupees are saved?
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  11. 11.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  12. 12.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) nothing (d) what is the logo?
  13. 13.Meera’s stall made a profit of ₹2000. Meera saves 10% of it. How many rupees are saved?
  14. 14.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  16. 16.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) an emergency fund
  17. 17.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) buying a second juicer (d) a piggy bank for later
  18. 18.Meera’s stall made a profit of ₹2000. Meera saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  20. 20.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  21. 21.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  22. 22.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.Meera’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.Kabir’s stall made a profit of ₹1800. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  26. 26.Gurpreet’s stall made a profit of ₹1200. Gurpreet saves 50% of it. How many rupees are saved?
  27. 27.Arjun’s stall made a profit of ₹500. Arjun saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  29. 29.Tara’s stall made a profit of ₹1000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Meera’s stall made a profit of ₹700. Meera saves 25% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) sweets for yourself
  33. 33.Joseph’s stall made a profit of ₹200. Joseph saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  35. 35.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Kabir’s stall made a profit of ₹700. Kabir saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  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 1 year (in ₹)?
  39. 39.Ishaan’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Ananya’s stall made a profit of ₹500. Ananya saves 20% of it. How many rupees are saved?

Answer key

  1. 18
  2. 125
  3. an emergency fund
  4. reinvesting
  5. 300
  6. 400
  7. spending
  8. saving
  9. 170
  10. saving
  11. 170
  12. can I pay it back?
  13. 200
  14. 115
  15. to keep trust
  16. a new video game
  17. a piggy bank for later
  18. 400
  19. spending
  20. reinvesting
  21. the cost of borrowing
  22. 224
  23. 700
  24. 360
  25. putting profit back in
  26. 600
  27. 50
  28. 770
  29. 500
  30. 118
  31. 175
  32. buying a second juicer
  33. 20
  34. spending
  35. 20
  36. 70
  37. 70
  38. 1060
  39. 100
  40. 100

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