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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 499 · 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.Aarav’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  2. 2.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) how fast can I spend? (d) nothing
  3. 3.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 ₹)?
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  5. 5.Arjun’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Vihaan’s stall made a profit of ₹800. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  8. 8.Riya’s stall made a profit of ₹1700. Riya saves 50% of it. How many rupees are saved?
  9. 9.Which of these is reinvesting in the business? (a) profit put in a bank (b) a cinema ticket (c) buying a second juicer (d) sweets for yourself
  10. 10.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  11. 11.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  13. 13.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  15. 15.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  16. 16.Diya’s stall made a profit of ₹1100. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.Which of these is saving? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
  18. 18.Rohan’s stall made a profit of ₹800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Zoya’s stall made a profit of ₹1300. Zoya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) an emergency fund (d) a cinema ticket
  22. 22.Which of these is reinvesting in the business? (a) a cinema ticket (b) better paint for cards (c) profit put in a bank (d) a new video game
  23. 23.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  24. 24.Joseph’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  26. 26.Riya’s stall made a profit of ₹1900. Riya saves 20% of it. How many rupees are saved?
  27. 27.Kavya’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?
  28. 28.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  29. 29.Riya’s stall made a profit of ₹1200. Riya saves 10% of it. How many rupees are saved?
  30. 30.📆 Why repay a loan on time? (a) to keep trust (b) to pay more interest (c) to lose friends (d) it does not matter
  31. 31.Which of these is saving? (a) better paint for cards (b) more seeds for next time (c) a new video game (d) an emergency fund
  32. 32.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  33. 33.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.👪 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
  35. 35.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  36. 36.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  37. 37.Gurpreet’s stall made a profit of ₹1600. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Nisha’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?
  39. 39.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals

Answer key

  1. 340
  2. can I pay it back?
  3. 108
  4. reinvesting
  5. 480
  6. 480
  7. 30
  8. 850
  9. buying a second juicer
  10. spending
  11. 42
  12. the cost of borrowing
  13. 12
  14. 104
  15. spending
  16. 550
  17. profit put in a bank
  18. 400
  19. 325
  20. 9
  21. a cinema ticket
  22. better paint for cards
  23. reinvesting
  24. 300
  25. saving
  26. 380
  27. 900
  28. 8
  29. 120
  30. to keep trust
  31. an emergency fund
  32. 654
  33. 770
  34. talk to parents
  35. putting profit back in
  36. spending
  37. 800
  38. 135
  39. 228
  40. for bad days and goals

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