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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 298 · 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.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) buying a second juicer (d) a piggy bank for later
  2. 2.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.Which of these is reinvesting in the business? (a) more seeds for next time (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  5. 5.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  6. 6.Vihaan’s stall made a profit of ₹1200. Vihaan saves 50% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  9. 9.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) an emergency fund (d) a new video game
  10. 10.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  11. 11.Vihaan’s stall made a profit of ₹1200. Vihaan saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Meera’s stall made a profit of ₹1400. Meera saves 50% of it. How many rupees are saved?
  14. 14.Gurpreet’s stall made a profit of ₹1500. Gurpreet saves 25% of it. How many rupees are saved?
  15. 15.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
  16. 16.Kabir’s stall made a profit of ₹1500. Kabir saves 50% of it. How many rupees are saved?
  17. 17.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) profit put in a bank (d) a new video game
  18. 18.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  19. 19.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  20. 20.Saanvi’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  27. 27.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Aarav’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Dev’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  32. 32.Ishaan’s stall made a profit of ₹1100. Ishaan saves 20% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Which of these is saving? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  35. 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  36. 36.Aarav’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  38. 38.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  39. 39.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  40. 40.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. a piggy bank for later
  2. 600
  3. more seeds for next time
  4. reinvesting
  5. a cinema ticket
  6. 600
  7. reinvesting
  8. talk to parents
  9. a new video game
  10. spending
  11. 120
  12. 824
  13. 700
  14. 375
  15. 30
  16. 750
  17. profit put in a bank
  18. putting profit back in
  19. the cost of borrowing
  20. 720
  21. 126
  22. 144
  23. 104
  24. 70
  25. 140
  26. reinvesting
  27. 72
  28. 280
  29. 424
  30. 180
  31. better paint for cards
  32. 220
  33. 208
  34. an emergency fund
  35. saving
  36. 100
  37. saving
  38. saving
  39. to keep trust
  40. 84

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