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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 432 · 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 new video game (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  3. 3.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  4. 4.Which of these is saving? (a) a cinema ticket (b) a new video game (c) more seeds for next time (d) a piggy bank for later
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  6. 6.Aarav’s stall made a profit of ₹900. Aarav saves 25% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  9. 9.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  10. 10.Joseph’s stall made a profit of ₹500. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Lakshmi’s stall made a profit of ₹1900. 10% is saved, 40% 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) a piggy bank for later (b) profit put in a bank (c) buying a second juicer (d) a new video game
  13. 13.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  15. 15.Ananya’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  16. 16.🏦 Interest on a loan is… (a) free money (b) a discount (c) a gift (d) the cost of borrowing
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
  19. 19.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Dev’s stall made a profit of ₹2000. Dev saves 25% of it. How many rupees are saved?
  21. 21.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.Vihaan’s stall made a profit of ₹400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) no reason (d) saving is a loss
  24. 24.Dev’s stall made a profit of ₹1300. Dev saves 20% of it. How many rupees are saved?
  25. 25.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) what is the logo? (d) can I pay it back?
  26. 26.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) more seeds for next time (d) buying a second juicer
  27. 27.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 ₹)?
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Nisha’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  31. 31.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  33. 33.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 25% of it. How many rupees are saved?
  35. 35.Which of these is spending on yourself? (a) an emergency fund (b) profit put in a bank (c) a piggy bank for later (d) a cinema ticket
  36. 36.Kavya’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  38. 38.Zoya’s stall made a profit of ₹1900. Zoya saves 50% of it. How many rupees are saved?
  39. 39.Dev’s stall made a profit of ₹500. Dev saves 20% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. an emergency fund
  2. saving
  3. more seeds for next time
  4. a piggy bank for later
  5. spending
  6. 225
  7. reinvesting
  8. talk to parents
  9. putting profit back in
  10. 150
  11. 950
  12. a new video game
  13. 12
  14. reinvesting
  15. 800
  16. the cost of borrowing
  17. to keep trust
  18. saving
  19. 180
  20. 500
  21. 60
  22. 280
  23. for bad days and goals
  24. 260
  25. can I pay it back?
  26. profit put in a bank
  27. 108
  28. 54
  29. 200
  30. saving
  31. 20
  32. spending
  33. 110
  34. 300
  35. a cinema ticket
  36. 200
  37. 260
  38. 950
  39. 100
  40. 102

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