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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 486 · 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) an emergency fund (b) a cinema ticket (c) more seeds for next time (d) sweets for yourself
  2. 2.🐷 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
  3. 3.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) an emergency fund
  4. 4.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 20% of it. How many rupees are saved?
  5. 5.👪 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
  6. 6.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  7. 7.Which of these is spending on yourself? (a) profit put in a bank (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  8. 8.Meera’s stall made a profit of ₹600. Meera saves 25% of it. How many rupees are saved?
  9. 9.Farhan’s stall made a profit of ₹1800. Farhan saves 10% of it. How many rupees are saved?
  10. 10.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a cinema ticket (d) a piggy bank for later
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  13. 13.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
  14. 14.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) nothing (c) can I pay it back? (d) what is the logo?
  15. 15.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  16. 16.Ananya’s stall made a profit of ₹900. Ananya saves 10% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  18. 18.Tara’s stall made a profit of ₹900. Tara saves 20% of it. How many rupees are saved?
  19. 19.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  22. 22.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
  23. 23.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  24. 24.Diya’s stall made a profit of ₹600. Diya saves 50% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  27. 27.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.Saanvi’s stall made a profit of ₹1000. Saanvi saves 20% of it. How many rupees are saved?
  29. 29.Diya’s stall made a profit of ₹1100. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  32. 32.Farhan’s stall made a profit of ₹1500. Farhan saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  34. 34.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) a cinema ticket
  36. 36.Lakshmi’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Riya’s stall made a profit of ₹1500. Riya saves 20% of it. How many rupees are saved?
  40. 40.Riya’s stall made a profit of ₹1900. Riya saves 25% of it. How many rupees are saved?

Answer key

  1. an emergency fund
  2. for bad days and goals
  3. a new video game
  4. 240
  5. talk to parents
  6. to keep trust
  7. a cinema ticket
  8. 150
  9. 180
  10. a piggy bank for later
  11. saving
  12. spending
  13. profit put in a bank
  14. can I pay it back?
  15. 144
  16. 90
  17. saving
  18. 180
  19. 300
  20. 80
  21. reinvesting
  22. putting profit back in
  23. the cost of borrowing
  24. 300
  25. 1300
  26. reinvesting
  27. 728
  28. 200
  29. 550
  30. 80
  31. 72
  32. 150
  33. spending
  34. 126
  35. more seeds for next time
  36. 135
  37. 6
  38. 180
  39. 300
  40. 475

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