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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 177 · 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.Arjun’s stall made a profit of ₹800. Arjun saves 25% of it. How many rupees are saved?
  2. 2.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) better paint for cards
  3. 3.Arjun’s stall made a profit of ₹1600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  5. 5.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  6. 6.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  7. 7.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) a new video game
  8. 8.Riya’s stall made a profit of ₹1300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) a new video game
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  12. 12.Which of these is saving? (a) more seeds for next time (b) a cinema ticket (c) a piggy bank for later (d) buying a second juicer
  13. 13.Rohan’s stall made a profit of ₹900. Rohan saves 10% of it. How many rupees are saved?
  14. 14.Aarav’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.Meera’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  16. 16.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  17. 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  18. 18.Joseph’s stall made a profit of ₹500. Joseph saves 25% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  21. 21.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  23. 23.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) an emergency fund
  24. 24.Aarav’s stall made a profit of ₹1100. Aarav saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Arjun’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 spent?
  28. 28.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  30. 30.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  32. 32.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  34. 34.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  36. 36.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  37. 37.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.Kabir’s stall made a profit of ₹1500. Kabir saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 200
  2. a cinema ticket
  3. 480
  4. saving
  5. 60
  6. 342
  7. an emergency fund
  8. 260
  9. buying a second juicer
  10. saving
  11. talk to parents
  12. a piggy bank for later
  13. 90
  14. 780
  15. 600
  16. a new video game
  17. reinvesting
  18. 125
  19. 30
  20. the cost of borrowing
  21. 742
  22. putting profit back in
  23. better paint for cards
  24. 550
  25. 520
  26. 381
  27. 480
  28. 150
  29. can I pay it back?
  30. for bad days and goals
  31. spending
  32. 236
  33. saving
  34. 1060
  35. 108
  36. to keep trust
  37. 620
  38. 12
  39. 300
  40. 16

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