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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 511 · 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.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) borrow online alone (d) talk to parents
  2. 2.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
  3. 3.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  4. 4.Meera’s stall made a profit of ₹500. Meera saves 10% of it. How many rupees are saved?
  5. 5.Riya’s stall made a profit of ₹1000. Riya saves 10% of it. How many rupees are saved?
  6. 6.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  7. 7.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  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: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  10. 10.Which of these is spending on yourself? (a) better paint for cards (b) an emergency fund (c) sweets for yourself (d) profit put in a bank
  11. 11.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  13. 13.Which of these is saving? (a) a new video game (b) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  14. 14.Zoya’s stall made a profit of ₹1400. Zoya saves 10% of it. How many rupees are saved?
  15. 15.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.Zoya’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  17. 17.Dev’s stall made a profit of ₹600. Dev saves 10% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  19. 19.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) more seeds for next time
  20. 20.Zoya’s stall made a profit of ₹1000. Zoya saves 10% of it. How many rupees are saved?
  21. 21.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) a cinema ticket (d) sweets for yourself
  22. 22.Arjun’s stall made a profit of ₹300. Arjun saves 25% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Tara’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) a piggy bank for later (d) better paint for cards
  26. 26.🐷 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
  27. 27.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.🔁 Reinvesting means… (a) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  31. 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  32. 32.Ishaan’s stall made a profit of ₹1400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  33. 33.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  35. 35.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  36. 36.Riya’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.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 ₹)?
  39. 39.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  40. 40.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. talk to parents
  2. an emergency fund
  3. reinvesting
  4. 50
  5. 100
  6. to keep trust
  7. 206
  8. the cost of borrowing
  9. saving
  10. sweets for yourself
  11. 80
  12. saving
  13. profit put in a bank
  14. 140
  15. 80
  16. 200
  17. 60
  18. 780
  19. a piggy bank for later
  20. 100
  21. buying a second juicer
  22. 75
  23. 345
  24. 560
  25. better paint for cards
  26. for bad days and goals
  27. 535
  28. 236
  29. 805
  30. putting profit back in
  31. spending
  32. 490
  33. 756
  34. saving
  35. can I pay it back?
  36. 240
  37. 749
  38. 1120
  39. reinvesting
  40. 36

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