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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 195 · 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.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
  2. 2.Riya’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Ananya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 20% of it. How many rupees are saved?
  5. 5.Vihaan’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  8. 8.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.Zoya’s stall made a profit of ₹700. Zoya saves 50% of it. How many rupees are saved?
  10. 10.Kabir’s stall made a profit of ₹1900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 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
  12. 12.Ananya’s stall made a profit of ₹1000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  14. 14.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  15. 15.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  16. 16.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) more seeds for next time (d) better paint for cards
  17. 17.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  18. 18.Rohan’s stall made a profit of ₹300. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  21. 21.Diya’s stall made a profit of ₹1000. Diya saves 20% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) better paint for cards (b) a new video game (c) sweets for yourself (d) a cinema ticket
  25. 25.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
  26. 26.Kavya’s stall made a profit of ₹1000. Kavya saves 25% of it. How many rupees are saved?
  27. 27.Lakshmi’s stall made a profit of ₹2000. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  30. 30.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Diya’s stall made a profit of ₹2000. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
  33. 33.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.Zoya’s stall made a profit of ₹1200. Zoya saves 20% of it. How many rupees are saved?
  35. 35.Saanvi’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  39. 39.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending

Answer key

  1. can I pay it back?
  2. 175
  3. 50
  4. 260
  5. 80
  6. talk to parents
  7. reinvesting
  8. 968
  9. 350
  10. 380
  11. for bad days and goals
  12. 400
  13. reinvesting
  14. to keep trust
  15. profit put in a bank
  16. an emergency fund
  17. saving
  18. 165
  19. 54
  20. 60
  21. 200
  22. 354
  23. 27
  24. better paint for cards
  25. a cinema ticket
  26. 250
  27. 400
  28. 224
  29. spending
  30. 15
  31. 500
  32. the cost of borrowing
  33. 324
  34. 240
  35. 220
  36. 12
  37. spending
  38. reinvesting
  39. 36
  40. saving

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