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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 400 · 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 spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a new video game (d) a piggy bank for later
  2. 2.Zoya’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  5. 5.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  7. 7.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  8. 8.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 spent?
  9. 9.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Diya’s stall made a profit of ₹1900. Diya saves 10% of it. How many rupees are saved?
  11. 11.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) nothing (d) can I pay it back?
  12. 12.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) a piggy bank for later
  14. 14.Meera’s stall made a profit of ₹600. Meera saves 50% of it. How many rupees are saved?
  15. 15.Gurpreet’s stall made a profit of ₹1700. Gurpreet saves 10% of it. How many rupees are saved?
  16. 16.Saanvi’s stall made a profit of ₹1800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Zoya’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 spent?
  18. 18.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  20. 20.Kabir’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 spent?
  21. 21.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) a new video game (d) buying a second juicer
  22. 22.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is spending on yourself? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  24. 24.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  27. 27.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.Joseph’s stall made a profit of ₹800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Rohan’s stall made a profit of ₹600. Rohan saves 10% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) a cinema ticket (b) better paint for cards (c) more seeds for next time (d) a piggy bank for later
  31. 31.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  32. 32.Rohan’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Tara’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Which of these is saving? (a) a cinema ticket (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  35. 35.Arjun’s stall made a profit of ₹900. Arjun saves 50% of it. How many rupees are saved?
  36. 36.A small family shop borrows ₹600 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) saving is a loss (d) for bad days and goals
  38. 38.Dev’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 spent?
  39. 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  40. 40.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving

Answer key

  1. a new video game
  2. 360
  3. 372
  4. putting profit back in
  5. 109
  6. the cost of borrowing
  7. spending
  8. 330
  9. 70
  10. 190
  11. can I pay it back?
  12. 770
  13. better paint for cards
  14. 300
  15. 170
  16. 540
  17. 300
  18. 30
  19. spending
  20. 300
  21. an emergency fund
  22. 324
  23. sweets for yourself
  24. saving
  25. 24
  26. reinvesting
  27. 12
  28. 320
  29. 60
  30. a cinema ticket
  31. reinvesting
  32. 600
  33. 270
  34. a piggy bank for later
  35. 450
  36. 42
  37. for bad days and goals
  38. 330
  39. spending
  40. reinvesting

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