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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 163 · 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.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  2. 2.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  3. 3.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  4. 4.Which of these is spending on yourself? (a) profit put in a bank (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
  5. 5.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  8. 8.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) profit put in a bank
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  10. 10.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) an emergency fund
  11. 11.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) more seeds for next time
  14. 14.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  15. 15.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  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.A small family shop borrows ₹900 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 ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Rohan’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.Joseph’s stall made a profit of ₹1500. Joseph saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  23. 23.Joseph’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  24. 24.Farhan’s stall made a profit of ₹1600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Saanvi’s stall made a profit of ₹1900. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  27. 27.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  28. 28.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  29. 29.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  30. 30.Rohan’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 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
  32. 32.Kavya’s stall made a profit of ₹1300. Kavya saves 10% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) a new video game (d) buying a second juicer
  34. 34.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 20% of it. How many rupees are saved?
  36. 36.Riya’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Farhan’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Zoya’s stall made a profit of ₹800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Vihaan’s stall made a profit of ₹1700. Vihaan saves 10% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting

Answer key

  1. putting profit back in
  2. 1062
  3. 728
  4. a cinema ticket
  5. better paint for cards
  6. the cost of borrowing
  7. spending
  8. more seeds for next time
  9. saving
  10. buying a second juicer
  11. 36
  12. saving
  13. sweets for yourself
  14. talk to parents
  15. can I pay it back?
  16. 1080
  17. 954
  18. 28
  19. 1040
  20. 750
  21. 150
  22. 4
  23. 240
  24. 480
  25. 950
  26. to keep trust
  27. a piggy bank for later
  28. saving
  29. reinvesting
  30. 210
  31. for bad days and goals
  32. 130
  33. an emergency fund
  34. 80
  35. 40
  36. 720
  37. 425
  38. 160
  39. 170
  40. reinvesting

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