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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 382 · 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) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  2. 2.Diya’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) an emergency fund
  4. 4.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
  7. 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  8. 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  9. 9.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  10. 10.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  11. 11.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  12. 12.Ananya’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?
  13. 13.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.Tara’s stall made a profit of ₹1200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.Zoya’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.Diya’s stall made a profit of ₹1000. Diya saves 25% of it. How many rupees are saved?
  17. 17.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  18. 18.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  19. 19.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  20. 20.🏦 Interest on a loan is… (a) a discount (b) free money (c) the cost of borrowing (d) a gift
  21. 21.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Saanvi’s stall made a profit of ₹1700. Saanvi saves 25% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Tara’s stall made a profit of ₹700. Tara saves 50% of it. How many rupees are saved?
  26. 26.Saanvi’s stall made a profit of ₹1800. Saanvi saves 50% of it. How many rupees are saved?
  27. 27.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  28. 28.Diya’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  30. 30.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  31. 31.Vihaan’s stall made a profit of ₹1100. Vihaan saves 25% of it. How many rupees are saved?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  33. 33.Arjun’s stall made a profit of ₹700. Arjun saves 25% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  37. 37.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  38. 38.Aarav’s stall made a profit of ₹1400. 10% is saved, 40% 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 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving

Answer key

  1. to keep trust
  2. 150
  3. buying a second juicer
  4. 27
  5. 896
  6. talk to parents
  7. better paint for cards
  8. saving
  9. can I pay it back?
  10. putting profit back in
  11. 254
  12. 120
  13. 312
  14. 240
  15. 300
  16. 250
  17. more seeds for next time
  18. spending
  19. reinvesting
  20. the cost of borrowing
  21. 54
  22. 425
  23. 90
  24. 48
  25. 350
  26. 900
  27. a new video game
  28. 315
  29. an emergency fund
  30. reinvesting
  31. 275
  32. spending
  33. 175
  34. 220
  35. 200
  36. saving
  37. saving
  38. 560
  39. 990
  40. spending

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