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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 483 · 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 repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  2. 2.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.Arjun’s stall made a profit of ₹1500. Arjun saves 50% of it. How many rupees are saved?
  4. 4.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  5. 5.Rohan’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  7. 7.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  8. 8.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) a discount (d) free money
  9. 9.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  10. 10.Gurpreet’s stall made a profit of ₹1100. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Vihaan’s stall made a profit of ₹1300. Vihaan saves 20% of it. How many rupees are saved?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  13. 13.Joseph’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  15. 15.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) profit put in a bank (d) a cinema ticket
  16. 16.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  17. 17.👪 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
  18. 18.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  19. 19.Kabir’s stall made a profit of ₹1500. Kabir saves 50% of it. How many rupees are saved?
  20. 20.Nisha’s stall made a profit of ₹200. Nisha saves 50% of it. How many rupees are saved?
  21. 21.Which of these is saving? (a) a cinema ticket (b) better paint for cards (c) sweets for yourself (d) an emergency fund
  22. 22.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Vihaan’s stall made a profit of ₹1300. Vihaan saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Which of these is spending on yourself? (a) buying a second juicer (b) an emergency fund (c) better paint for cards (d) a new video game
  30. 30.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  31. 31.Lakshmi’s stall made a profit of ₹300. Lakshmi saves 20% of it. How many rupees are saved?
  32. 32.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) what is the logo? (d) how fast can I spend?
  33. 33.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  34. 34.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  35. 35.Zoya’s stall made a profit of ₹500. Zoya saves 50% of it. How many rupees are saved?
  36. 36.Saanvi’s stall made a profit of ₹600. 10% 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 ₹900 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  39. 39.Which of these is saving? (a) sweets for yourself (b) better paint for cards (c) a piggy bank for later (d) more seeds for next time
  40. 40.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) saving is a loss (d) to waste it later

Answer key

  1. to keep trust
  2. 72
  3. 750
  4. 42
  5. 520
  6. saving
  7. reinvesting
  8. the cost of borrowing
  9. reinvesting
  10. 330
  11. 260
  12. saving
  13. 900
  14. buying a second juicer
  15. profit put in a bank
  16. spending
  17. talk to parents
  18. putting profit back in
  19. 750
  20. 100
  21. an emergency fund
  22. 416
  23. 130
  24. 21
  25. 14
  26. 112
  27. 40
  28. 635
  29. a new video game
  30. spending
  31. 60
  32. can I pay it back?
  33. reinvesting
  34. 720
  35. 250
  36. 240
  37. 990
  38. 100
  39. a piggy bank for later
  40. for bad days and goals

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