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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 148 · 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.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) no reason (d) for bad days and goals
  2. 2.Kabir’s stall made a profit of ₹1100. Kabir saves 20% of it. How many rupees are saved?
  3. 3.Zoya’s stall made a profit of ₹500. Zoya saves 10% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  5. 5.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Which of these is saving? (a) better paint for cards (b) a new video game (c) sweets for yourself (d) profit put in a bank
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  8. 8.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  9. 9.Joseph’s stall made a profit of ₹600. Joseph saves 25% of it. How many rupees are saved?
  10. 10.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) a new video game (d) profit put in a bank
  11. 11.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 20% of it. How many rupees are saved?
  12. 12.Riya’s stall made a profit of ₹200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.Nisha’s stall made a profit of ₹1600. Nisha saves 20% of it. How many rupees are saved?
  14. 14.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  15. 15.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  16. 16.Gurpreet’s stall made a profit of ₹600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.💡 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
  18. 18.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  19. 19.Kavya’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.Which of these is spending on yourself? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
  21. 21.Zoya’s stall made a profit of ₹1300. Zoya saves 50% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.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
  24. 24.Lakshmi’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Meera’s stall made a profit of ₹500. Meera saves 25% of it. How many rupees are saved?
  27. 27.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) putting profit back in (d) hiding it
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) borrow online alone (d) ask strangers
  29. 29.Ishaan’s stall made a profit of ₹1600. Ishaan saves 50% of it. How many rupees are saved?
  30. 30.Zoya’s stall made a profit of ₹1700. Zoya saves 10% of it. How many rupees are saved?
  31. 31.Arjun’s stall made a profit of ₹1000. Arjun saves 50% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  33. 33.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) an emergency fund (d) buying a second juicer
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  35. 35.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  36. 36.Arjun’s stall made a profit of ₹1700. Arjun saves 50% of it. How many rupees are saved?
  37. 37.Ishaan’s stall made a profit of ₹2000. Ishaan saves 20% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. for bad days and goals
  2. 220
  3. 50
  4. spending
  5. 90
  6. profit put in a bank
  7. reinvesting
  8. spending
  9. 150
  10. a new video game
  11. 300
  12. 120
  13. 320
  14. 60
  15. an emergency fund
  16. 120
  17. can I pay it back?
  18. to keep trust
  19. 480
  20. sweets for yourself
  21. 650
  22. 826
  23. a piggy bank for later
  24. 280
  25. 763
  26. 125
  27. putting profit back in
  28. talk to parents
  29. 800
  30. 170
  31. 500
  32. saving
  33. buying a second juicer
  34. reinvesting
  35. the cost of borrowing
  36. 850
  37. 400
  38. 72
  39. 70
  40. 204

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