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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 366 · 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.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  2. 2.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  3. 3.Meera’s stall made a profit of ₹1500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.Ananya’s stall made a profit of ₹2000. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Saanvi’s stall made a profit of ₹1800. Saanvi saves 10% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  8. 8.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  9. 9.Meera’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 spent?
  10. 10.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to pay more interest (d) to lose friends
  13. 13.Dev’s stall made a profit of ₹1200. Dev saves 10% of it. How many rupees are saved?
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  15. 15.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) an emergency fund
  17. 17.Joseph’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Farhan’s stall made a profit of ₹200. Farhan saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  22. 22.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) an emergency fund (d) buying a second juicer
  23. 23.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Joseph’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Nisha’s stall made a profit of ₹200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) no reason (d) saving is a loss
  27. 27.Zoya’s stall made a profit of ₹700. Zoya saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Farhan’s stall made a profit of ₹600. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.Kabir’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  33. 33.Riya’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  34. 34.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  35. 35.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  36. 36.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.Lakshmi’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  39. 39.Rohan’s stall made a profit of ₹200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. the cost of borrowing
  2. reinvesting
  3. 600
  4. 1000
  5. 270
  6. 180
  7. saving
  8. 16
  9. 1400
  10. 45
  11. 80
  12. to keep trust
  13. 120
  14. spending
  15. 114
  16. a cinema ticket
  17. 495
  18. 318
  19. 20
  20. 20
  21. sweets for yourself
  22. buying a second juicer
  23. 381
  24. 135
  25. 80
  26. for bad days and goals
  27. 70
  28. 32
  29. 120
  30. 60
  31. 360
  32. profit put in a bank
  33. 200
  34. talk to parents
  35. spending
  36. 4
  37. 100
  38. saving
  39. 80
  40. 135

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