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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 391 · 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) a cinema ticket (b) a piggy bank for later (c) more seeds for next time (d) buying a second juicer
  2. 2.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.Aarav’s stall made a profit of ₹1200. Aarav saves 50% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) sweets for yourself (d) better paint for cards
  6. 6.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing
  7. 7.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) buying a second juicer
  8. 8.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  10. 10.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  11. 11.Saanvi’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is spending on yourself? (a) buying a second juicer (b) more seeds for next time (c) profit put in a bank (d) a cinema ticket
  13. 13.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) talk to parents (d) take it secretly
  14. 14.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) nothing (d) what is the logo?
  16. 16.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  17. 17.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Gurpreet’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?
  22. 22.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to pay more interest (d) to lose friends
  23. 23.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  24. 24.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  25. 25.Vihaan’s stall made a profit of ₹1700. Vihaan saves 25% of it. How many rupees are saved?
  26. 26.Which of these is saving? (a) a cinema ticket (b) an emergency fund (c) better paint for cards (d) a new video game
  27. 27.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  28. 28.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  29. 29.Kavya’s stall made a profit of ₹500. Kavya saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a new video game (d) profit put in a bank
  32. 32.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  33. 33.Kavya’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Saanvi’s stall made a profit of ₹500. Saanvi saves 50% of it. How many rupees are saved?
  35. 35.Aarav’s stall made a profit of ₹1700. Aarav saves 25% of it. How many rupees are saved?
  36. 36.Kabir’s stall made a profit of ₹700. Kabir saves 25% of it. How many rupees are saved?
  37. 37.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  38. 38.Zoya’s stall made a profit of ₹500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Joseph’s stall made a profit of ₹1400. Joseph saves 50% of it. How many rupees are saved?
  40. 40.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving

Answer key

  1. a piggy bank for later
  2. 612
  3. 600
  4. 84
  5. better paint for cards
  6. the cost of borrowing
  7. buying a second juicer
  8. 120
  9. 360
  10. for bad days and goals
  11. 540
  12. a cinema ticket
  13. talk to parents
  14. 1044
  15. can I pay it back?
  16. spending
  17. 48
  18. 12
  19. 20
  20. 21
  21. 240
  22. to keep trust
  23. 63
  24. sweets for yourself
  25. 425
  26. an emergency fund
  27. spending
  28. reinvesting
  29. 125
  30. 4
  31. profit put in a bank
  32. saving
  33. 720
  34. 250
  35. 425
  36. 175
  37. putting profit back in
  38. 125
  39. 700
  40. saving

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