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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 453 · 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.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  2. 2.Kavya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Meera’s stall made a profit of ₹1700. Meera saves 50% of it. How many rupees are saved?
  4. 4.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  5. 5.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  6. 6.Which of these is spending on yourself? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  7. 7.Meera’s stall made a profit of ₹400. Meera saves 50% of it. How many rupees are saved?
  8. 8.Which of these is reinvesting in the business? (a) a cinema ticket (b) a new video game (c) profit put in a bank (d) more seeds for next time
  9. 9.Lakshmi’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Vihaan’s stall made a profit of ₹600. Vihaan saves 10% of it. How many rupees are saved?
  11. 11.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) an emergency fund (d) a new video game
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  13. 13.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) sweets for yourself (d) profit put in a bank
  15. 15.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  16. 16.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) saving is a loss (d) for bad days and goals
  17. 17.Tara’s stall made a profit of ₹200. Tara saves 25% of it. How many rupees are saved?
  18. 18.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) sweets for yourself (d) more seeds for next time
  19. 19.Tara’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  20. 20.Which of these is saving? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) a cinema ticket
  21. 21.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
  22. 22.Aarav’s stall made a profit of ₹500. Aarav saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) giving it away (d) hiding it
  25. 25.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Diya’s stall made a profit of ₹500. Diya saves 25% of it. How many rupees are saved?
  27. 27.Kabir’s stall made a profit of ₹600. Kabir saves 25% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  29. 29.Vihaan’s stall made a profit of ₹1400. Vihaan saves 25% of it. How many rupees are saved?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
  31. 31.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) an emergency fund (d) a new video game
  32. 32.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) an emergency fund
  33. 33.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  34. 34.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) it does not matter (d) to pay more interest
  36. 36.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Aarav’s stall made a profit of ₹800. Aarav saves 10% of it. How many rupees are saved?
  38. 38.Tara’s stall made a profit of ₹1100. Tara saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. the cost of borrowing
  2. 220
  3. 850
  4. spending
  5. saving
  6. a cinema ticket
  7. 200
  8. more seeds for next time
  9. 420
  10. 60
  11. buying a second juicer
  12. reinvesting
  13. 48
  14. profit put in a bank
  15. can I pay it back?
  16. for bad days and goals
  17. 50
  18. a piggy bank for later
  19. 160
  20. an emergency fund
  21. 150
  22. 100
  23. 160
  24. putting profit back in
  25. 1120
  26. 125
  27. 150
  28. saving
  29. 350
  30. talk to parents
  31. better paint for cards
  32. a new video game
  33. saving
  34. 348
  35. to keep trust
  36. 10
  37. 80
  38. 110
  39. 72
  40. 100

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