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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 123 · 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.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a gift (d) a discount
  2. 2.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  3. 3.Ishaan’s stall made a profit of ₹900. Ishaan saves 10% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  5. 5.Kavya’s stall made a profit of ₹1000. Kavya saves 25% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  8. 8.Tara’s stall made a profit of ₹1900. Tara saves 50% of it. How many rupees are saved?
  9. 9.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  10. 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  11. 11.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  13. 13.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  14. 14.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
  15. 15.Saanvi’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.Which of these is reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) a piggy bank for later
  18. 18.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Meera’s stall made a profit of ₹1700. Meera saves 20% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Riya’s stall made a profit of ₹1700. Riya saves 20% of it. How many rupees are saved?
  22. 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  23. 23.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  24. 24.Vihaan’s stall made a profit of ₹1100. Vihaan saves 10% of it. How many rupees are saved?
  25. 25.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
  26. 26.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) profit put in a bank (d) a cinema ticket
  27. 27.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  28. 28.Meera’s stall made a profit of ₹700. Meera saves 20% of it. How many rupees are saved?
  29. 29.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 25% of it. How many rupees are saved?
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  31. 31.Tara’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Dev’s stall made a profit of ₹300. Dev saves 10% of it. How many rupees are saved?
  33. 33.Ananya’s stall made a profit of ₹300. Ananya saves 20% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Vihaan’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  37. 37.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  38. 38.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  39. 39.Lakshmi’s stall made a profit of ₹500. Lakshmi saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. the cost of borrowing
  2. a piggy bank for later
  3. 90
  4. spending
  5. 250
  6. saving
  7. saving
  8. 950
  9. talk to parents
  10. saving
  11. 90
  12. 32
  13. 160
  14. 350
  15. 315
  16. 1080
  17. buying a second juicer
  18. 9
  19. 340
  20. 24
  21. 340
  22. can I pay it back?
  23. profit put in a bank
  24. 110
  25. 360
  26. a cinema ticket
  27. to keep trust
  28. 140
  29. 200
  30. putting profit back in
  31. 240
  32. 30
  33. 60
  34. 32
  35. 360
  36. reinvesting
  37. for bad days and goals
  38. more seeds for next time
  39. 125
  40. 1060

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