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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 398 · 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 save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  2. 2.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  3. 3.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  6. 6.Vihaan’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 reinvested?
  7. 7.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  8. 8.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Joseph’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
  12. 12.Nisha’s stall made a profit of ₹700. Nisha saves 50% of it. How many rupees are saved?
  13. 13.Which of these is reinvesting in the business? (a) buying a second juicer (b) sweets for yourself (c) profit put in a bank (d) an emergency fund
  14. 14.Dev’s stall made a profit of ₹800. Dev saves 25% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  16. 16.Saanvi’s stall made a profit of ₹400. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  19. 19.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.Farhan’s stall made a profit of ₹1800. Farhan saves 10% of it. How many rupees are saved?
  21. 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  22. 22.Tara’s stall made a profit of ₹2000. Tara saves 25% of it. How many rupees are saved?
  23. 23.Joseph’s stall made a profit of ₹1000. Joseph saves 20% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.Kabir’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  28. 28.Dev’s stall made a profit of ₹400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Joseph’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) better paint for cards
  31. 31.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) a new video game
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  33. 33.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  34. 34.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
  35. 35.Farhan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  37. 37.Nisha’s stall made a profit of ₹1000. Nisha saves 10% of it. How many rupees are saved?
  38. 38.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹1300. Kabir saves 20% of it. How many rupees are saved?

Answer key

  1. for bad days and goals
  2. the cost of borrowing
  3. 208
  4. 672
  5. spending
  6. 380
  7. putting profit back in
  8. 20
  9. 400
  10. 144
  11. sweets for yourself
  12. 350
  13. buying a second juicer
  14. 200
  15. spending
  16. 120
  17. 12
  18. saving
  19. 330
  20. 180
  21. reinvesting
  22. 500
  23. 200
  24. 20
  25. 32
  26. 280
  27. to keep trust
  28. 200
  29. 900
  30. profit put in a bank
  31. an emergency fund
  32. spending
  33. talk to parents
  34. a cinema ticket
  35. 210
  36. reinvesting
  37. 100
  38. 108
  39. 18
  40. 260

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