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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 976 · 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 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  2. 2.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  3. 3.Ishaan’s stall made a profit of ₹1100. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Which of these is saving? (a) a piggy bank for later (b) a new video game (c) more seeds for next time (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  6. 6.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  7. 7.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  9. 9.Meera’s stall made a profit of ₹1300. Meera saves 50% of it. How many rupees are saved?
  10. 10.Aarav’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  12. 12.Rohan’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) buying a second juicer
  15. 15.Joseph’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Saanvi’s stall made a profit of ₹500. Saanvi saves 50% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  18. 18.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a cinema ticket (b) profit put in a bank (c) a piggy bank for later (d) better paint for cards
  21. 21.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) more seeds for next time (d) a piggy bank for later
  23. 23.Ananya’s stall made a profit of ₹300. Ananya saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  26. 26.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 ₹)?
  27. 27.Arjun’s stall made a profit of ₹1400. Arjun saves 20% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.Ishaan’s stall made a profit of ₹2000. Ishaan saves 20% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  32. 32.Ananya’s stall made a profit of ₹1100. Ananya saves 25% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  35. 35.Saanvi’s stall made a profit of ₹400. Saanvi saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  37. 37.Which of these is spending on yourself? (a) profit put in a bank (b) a cinema ticket (c) more seeds for next time (d) a piggy bank for later
  38. 38.Diya’s stall made a profit of ₹1300. Diya saves 20% of it. How many rupees are saved?
  39. 39.Vihaan’s stall made a profit of ₹1900. Vihaan saves 20% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving

Answer key

  1. 248
  2. to keep trust
  3. 550
  4. a piggy bank for later
  5. spending
  6. can I pay it back?
  7. 24
  8. putting profit back in
  9. 650
  10. 400
  11. the cost of borrowing
  12. 750
  13. talk to parents
  14. a new video game
  15. 800
  16. 250
  17. 848
  18. 336
  19. 20
  20. better paint for cards
  21. saving
  22. more seeds for next time
  23. 30
  24. 15
  25. 36
  26. 216
  27. 280
  28. 10
  29. 400
  30. spending
  31. reinvesting
  32. 275
  33. 240
  34. reinvesting
  35. 200
  36. 72
  37. a cinema ticket
  38. 260
  39. 380
  40. saving

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