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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 235 · 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.

NameDateTime takenScore ___ / 40
  1. 1.👪 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
  2. 2.Joseph’s stall made a profit of ₹200. Joseph saves 20% of it. How many rupees are saved?
  3. 3.Saanvi’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Kavya’s stall made a profit of ₹600. Kavya saves 20% of it. How many rupees are saved?
  5. 5.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
  6. 6.Meera’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Ishaan’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  10. 10.🐷 Why save part of the profit? (a) saving is a loss (b) for bad days and goals (c) no reason (d) to waste it later
  11. 11.Dev’s stall made a profit of ₹800. Dev saves 10% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  13. 13.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.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 spent?
  15. 15.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  16. 16.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  17. 17.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  18. 18.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
  19. 19.Joseph’s stall made a profit of ₹800. Joseph saves 25% of it. How many rupees are saved?
  20. 20.Dev’s stall made a profit of ₹900. Dev saves 50% of it. How many rupees are saved?
  21. 21.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) more seeds for next time (d) a new video game
  22. 22.Arjun’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  24. 24.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  25. 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  26. 26.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
  27. 27.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  28. 28.Which of these is spending on yourself? (a) a cinema ticket (b) more seeds for next time (c) better paint for cards (d) profit put in a bank
  29. 29.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  30. 30.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  32. 32.Rohan’s stall made a profit of ₹1900. Rohan saves 20% of it. How many rupees are saved?
  33. 33.Meera’s stall made a profit of ₹300. Meera saves 25% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  35. 35.Saanvi’s stall made a profit of ₹1200. Saanvi saves 10% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) sweets for yourself (d) buying a second juicer
  37. 37.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a new video game
  38. 38.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  39. 39.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) a piggy bank for later

Answer key

  1. talk to parents
  2. 40
  3. 500
  4. 120
  5. putting profit back in
  6. 550
  7. 40
  8. 408
  9. 390
  10. for bad days and goals
  11. 80
  12. spending
  13. 918
  14. 560
  15. 48
  16. the cost of borrowing
  17. 856
  18. more seeds for next time
  19. 200
  20. 450
  21. a new video game
  22. 140
  23. spending
  24. can I pay it back?
  25. reinvesting
  26. to keep trust
  27. reinvesting
  28. a cinema ticket
  29. saving
  30. 162
  31. saving
  32. 380
  33. 75
  34. spending
  35. 120
  36. sweets for yourself
  37. an emergency fund
  38. 720
  39. 309
  40. buying a second juicer

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