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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 412 · 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 cinema ticket (d) more seeds for next time
  2. 2.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Nisha’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 reinvested?
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  5. 5.Lakshmi’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Diya’s stall made a profit of ₹200. Diya saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Kabir’s stall made a profit of ₹1500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  9. 9.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a new video game (d) profit put in a bank
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  12. 12.Saanvi’s stall made a profit of ₹900. Saanvi saves 25% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  14. 14.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  15. 15.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) an emergency fund
  17. 17.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  18. 18.Diya’s stall made a profit of ₹600. Diya saves 10% of it. How many rupees are saved?
  19. 19.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  20. 20.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) a cinema ticket
  21. 21.Diya’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Arjun’s stall made a profit of ₹1400. Arjun saves 50% of it. How many rupees are saved?
  23. 23.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  24. 24.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
  26. 26.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  27. 27.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.Joseph’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Vihaan’s stall made a profit of ₹1100. Vihaan saves 50% of it. How many rupees are saved?
  30. 30.Saanvi’s stall made a profit of ₹800. Saanvi saves 20% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  32. 32.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  33. 33.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) for bad days and goals (d) to waste it later
  34. 34.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  37. 37.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  39. 39.Kavya’s stall made a profit of ₹1600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  40. 40.Joseph’s stall made a profit of ₹1300. Joseph saves 10% of it. How many rupees are saved?

Answer key

  1. a cinema ticket
  2. 48
  3. 160
  4. saving
  5. 400
  6. 100
  7. 84
  8. 300
  9. profit put in a bank
  10. saving
  11. reinvesting
  12. 225
  13. reinvesting
  14. to keep trust
  15. 12
  16. more seeds for next time
  17. spending
  18. 60
  19. can I pay it back?
  20. better paint for cards
  21. 360
  22. 700
  23. an emergency fund
  24. 162
  25. a piggy bank for later
  26. talk to parents
  27. 21
  28. 360
  29. 550
  30. 160
  31. spending
  32. the cost of borrowing
  33. for bad days and goals
  34. 103
  35. 248
  36. 880
  37. 80
  38. 4
  39. 640
  40. 130

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