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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 26 · 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.Aarav’s stall made a profit of ₹800. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) how fast can I spend? (d) can I pay it back?
  3. 3.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  4. 4.Which of these is spending on yourself? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  5. 5.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) spending it on games (d) hiding it
  6. 6.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  8. 8.Lakshmi’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.Nisha’s stall made a profit of ₹500. Nisha saves 20% of it. How many rupees are saved?
  11. 11.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  13. 13.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) a cinema ticket
  14. 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  15. 15.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Gurpreet’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Dev’s stall made a profit of ₹400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) a new video game
  19. 19.👪 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
  20. 20.Aarav’s stall made a profit of ₹1700. Aarav saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  22. 22.Farhan’s stall made a profit of ₹1400. Farhan saves 25% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  24. 24.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  27. 27.Ananya’s stall made a profit of ₹800. Ananya saves 20% of it. How many rupees are saved?
  28. 28.Zoya’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Kabir’s stall made a profit of ₹1700. Kabir saves 50% of it. How many rupees are saved?
  30. 30.Diya’s stall made a profit of ₹1700. Diya saves 10% of it. How many rupees are saved?
  31. 31.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 50% of it. How many rupees are saved?
  32. 32.Joseph’s stall made a profit of ₹1800. Joseph saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  35. 35.Riya’s stall made a profit of ₹1300. Riya saves 25% of it. How many rupees are saved?
  36. 36.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) better paint for cards (d) sweets for yourself
  37. 37.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  38. 38.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  40. 40.Gurpreet’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?

Answer key

  1. 320
  2. can I pay it back?
  3. saving
  4. a new video game
  5. putting profit back in
  6. better paint for cards
  7. reinvesting
  8. 160
  9. 330
  10. 100
  11. 48
  12. 742
  13. profit put in a bank
  14. saving
  15. 24
  16. 200
  17. 120
  18. buying a second juicer
  19. talk to parents
  20. 425
  21. 224
  22. 350
  23. reinvesting
  24. 480
  25. for bad days and goals
  26. saving
  27. 160
  28. 320
  29. 850
  30. 170
  31. 350
  32. 180
  33. 30
  34. spending
  35. 325
  36. sweets for yourself
  37. more seeds for next time
  38. 72
  39. the cost of borrowing
  40. 480

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