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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 206 · 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.Joseph’s stall made a profit of ₹1200. Joseph saves 20% of it. How many rupees are saved?
  2. 2.Aarav’s stall made a profit of ₹1200. Aarav saves 50% of it. How many rupees are saved?
  3. 3.Arjun’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?
  4. 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  5. 5.🐷 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
  6. 6.Meera’s stall made a profit of ₹400. Meera saves 20% of it. How many rupees are saved?
  7. 7.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) buying a second juicer (d) sweets for yourself
  8. 8.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  9. 9.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  10. 10.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  11. 11.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) more seeds for next time (d) buying a second juicer
  12. 12.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) buying a second juicer
  14. 14.Which of these is saving? (a) sweets for yourself (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  16. 16.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  17. 17.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  19. 19.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) sweets for yourself
  21. 21.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) better paint for cards (d) a new video game
  22. 22.Zoya’s stall made a profit of ₹600. Zoya saves 25% of it. How many rupees are saved?
  23. 23.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  24. 24.Dev’s stall made a profit of ₹1900. Dev saves 25% of it. How many rupees are saved?
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  26. 26.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  29. 29.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  31. 31.Farhan’s stall made a profit of ₹1200. Farhan saves 10% of it. How many rupees are saved?
  32. 32.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  34. 34.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Tara’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Riya’s stall made a profit of ₹1700. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  40. 40.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 ₹)?

Answer key

  1. 240
  2. 600
  3. 120
  4. reinvesting
  5. for bad days and goals
  6. 80
  7. an emergency fund
  8. putting profit back in
  9. to keep trust
  10. reinvesting
  11. profit put in a bank
  12. 144
  13. sweets for yourself
  14. a piggy bank for later
  15. reinvesting
  16. saving
  17. 708
  18. talk to parents
  19. can I pay it back?
  20. more seeds for next time
  21. a new video game
  22. 150
  23. the cost of borrowing
  24. 475
  25. saving
  26. 850
  27. 1080
  28. 30
  29. 42
  30. spending
  31. 120
  32. 684
  33. 105
  34. 1180
  35. 720
  36. 162
  37. 850
  38. spending
  39. spending
  40. 650

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