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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 138 · 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) a discount (c) the cost of borrowing (d) a gift
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is saving? (a) a new video game (b) an emergency fund (c) buying a second juicer (d) a cinema ticket
  4. 4.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 50% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  7. 7.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  8. 8.Aarav’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  10. 10.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  11. 11.Kavya’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) a new video game
  13. 13.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Farhan’s stall made a profit of ₹1600. Farhan saves 10% of it. How many rupees are saved?
  15. 15.Dev’s stall made a profit of ₹1800. Dev saves 20% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.Ishaan’s stall made a profit of ₹600. Ishaan saves 20% of it. How many rupees are saved?
  19. 19.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  20. 20.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  21. 21.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Joseph’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  25. 25.Arjun’s stall made a profit of ₹1500. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 10% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  29. 29.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  30. 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Kavya’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a new video game (d) a piggy bank for later
  33. 33.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  34. 34.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  36. 36.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 ₹)?
  37. 37.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
  38. 38.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  39. 39.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) better paint for cards
  40. 40.Kavya’s stall made a profit of ₹300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. the cost of borrowing
  2. saving
  3. an emergency fund
  4. 400
  5. 28
  6. talk to parents
  7. more seeds for next time
  8. 160
  9. for bad days and goals
  10. to keep trust
  11. 400
  12. buying a second juicer
  13. 550
  14. 160
  15. 360
  16. 4
  17. 63
  18. 120
  19. spending
  20. a cinema ticket
  21. 40
  22. 108
  23. 300
  24. saving
  25. 675
  26. 120
  27. 1062
  28. reinvesting
  29. spending
  30. 3
  31. 300
  32. a new video game
  33. can I pay it back?
  34. 650
  35. reinvesting
  36. 240
  37. better paint for cards
  38. putting profit back in
  39. sweets for yourself
  40. 90

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