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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 326 · 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.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  2. 2.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Joseph’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Ananya’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.Which of these is saving? (a) profit put in a bank (b) better paint for cards (c) a cinema ticket (d) buying a second juicer
  6. 6.Which of these is spending on yourself? (a) a piggy bank for later (b) buying a second juicer (c) a cinema ticket (d) more seeds for next time
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  8. 8.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  9. 9.Ishaan’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Tara’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 reinvested?
  11. 11.Riya’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 spent?
  12. 12.Aarav’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 spent?
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  14. 14.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  17. 17.Which of these is saving? (a) a new video game (b) an emergency fund (c) better paint for cards (d) more seeds for next time
  18. 18.Rohan’s stall made a profit of ₹600. Rohan saves 50% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.Zoya’s stall made a profit of ₹1600. Zoya saves 50% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  22. 22.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) better paint for cards
  23. 23.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  24. 24.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  25. 25.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) buying a second juicer (d) a new video game
  26. 26.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  28. 28.Ishaan’s stall made a profit of ₹1500. Ishaan saves 10% of it. How many rupees are saved?
  29. 29.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) better paint for cards
  31. 31.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  33. 33.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  34. 34.Aarav’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  36. 36.Meera’s stall made a profit of ₹400. Meera saves 20% of it. How many rupees are saved?
  37. 37.Kabir’s stall made a profit of ₹1800. Kabir saves 25% of it. How many rupees are saved?
  38. 38.Ananya’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending

Answer key

  1. to keep trust
  2. 936
  3. 420
  4. 400
  5. profit put in a bank
  6. a cinema ticket
  7. saving
  8. a piggy bank for later
  9. 180
  10. 200
  11. 70
  12. 605
  13. for bad days and goals
  14. 990
  15. 660
  16. reinvesting
  17. an emergency fund
  18. 300
  19. 115
  20. 800
  21. saving
  22. better paint for cards
  23. 236
  24. talk to parents
  25. a new video game
  26. 216
  27. the cost of borrowing
  28. 150
  29. 50
  30. sweets for yourself
  31. 212
  32. putting profit back in
  33. 784
  34. 1045
  35. saving
  36. 80
  37. 450
  38. 140
  39. 180
  40. spending

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