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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 53 · 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 reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a new video game (d) more seeds for next time
  2. 2.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) a new video game (d) an emergency fund
  3. 3.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  5. 5.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  7. 7.Joseph’s stall made a profit of ₹1700. Joseph saves 10% of it. How many rupees are saved?
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  9. 9.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  10. 10.Which of these is saving? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  11. 11.Arjun’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  13. 13.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  15. 15.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  16. 16.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  17. 17.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  18. 18.Which of these is saving? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) buying a second juicer
  19. 19.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  20. 20.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Which of these is saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) sweets for yourself
  22. 22.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Zoya’s stall made a profit of ₹600. Zoya saves 50% of it. How many rupees are saved?
  25. 25.Zoya’s stall made a profit of ₹1100. Zoya saves 20% of it. How many rupees are saved?
  26. 26.Diya’s stall made a profit of ₹2000. Diya saves 10% of it. How many rupees are saved?
  27. 27.Ananya’s stall made a profit of ₹200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  28. 28.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  29. 29.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Nisha’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.Saanvi’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Riya’s stall made a profit of ₹700. Riya saves 10% of it. How many rupees are saved?
  34. 34.Zoya’s stall made a profit of ₹700. Zoya saves 10% of it. How many rupees are saved?
  35. 35.Dev’s stall made a profit of ₹400. Dev saves 50% of it. How many rupees are saved?
  36. 36.Diya’s stall made a profit of ₹1500. Diya saves 50% of it. How many rupees are saved?
  37. 37.Zoya’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Ananya’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.Joseph’s stall made a profit of ₹1700. Joseph saves 25% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. more seeds for next time
  2. a new video game
  3. putting profit back in
  4. saving
  5. 240
  6. spending
  7. 170
  8. spending
  9. 32
  10. a piggy bank for later
  11. 60
  12. saving
  13. 63
  14. reinvesting
  15. 660
  16. 280
  17. talk to parents
  18. an emergency fund
  19. reinvesting
  20. 121
  21. profit put in a bank
  22. 56
  23. 36
  24. 300
  25. 220
  26. 200
  27. 70
  28. 42
  29. 630
  30. 600
  31. 150
  32. 20
  33. 70
  34. 70
  35. 200
  36. 750
  37. 480
  38. 80
  39. 425
  40. 64

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