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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 558 · 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 spending on yourself? (a) better paint for cards (b) profit put in a bank (c) a cinema ticket (d) more seeds for next time
  2. 2.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  3. 3.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  5. 5.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  7. 7.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) better paint for cards
  8. 8.Zoya’s stall made a profit of ₹1700. Zoya saves 50% of it. How many rupees are saved?
  9. 9.Riya’s stall made a profit of ₹600. Riya saves 25% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  11. 11.Dev’s stall made a profit of ₹1200. Dev saves 10% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Which of these is spending on yourself? (a) a new video game (b) buying a second juicer (c) better paint for cards (d) a piggy bank for later
  14. 14.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  16. 16.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 20% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  18. 18.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  19. 19.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a new video game (d) an emergency fund
  20. 20.Rohan’s stall made a profit of ₹400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  21. 21.🐷 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
  22. 22.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 25% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  24. 24.Ananya’s stall made a profit of ₹1600. Ananya saves 50% of it. How many rupees are saved?
  25. 25.Rohan’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Which of these is saving? (a) better paint for cards (b) profit put in a bank (c) sweets for yourself (d) buying a second juicer
  30. 30.Arjun’s stall made a profit of ₹1600. Arjun saves 10% of it. How many rupees are saved?
  31. 31.Meera’s stall made a profit of ₹1800. Meera saves 10% of it. How many rupees are saved?
  32. 32.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) better paint for cards (d) more seeds for next time
  33. 33.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) buying a second juicer (d) a new video game
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  36. 36.Rohan’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Dev’s stall made a profit of ₹1500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  39. 39.Aarav’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?
  40. 40.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving

Answer key

  1. a cinema ticket
  2. to keep trust
  3. 16
  4. spending
  5. 160
  6. saving
  7. better paint for cards
  8. 850
  9. 150
  10. 60
  11. 120
  12. 42
  13. a new video game
  14. 6
  15. talk to parents
  16. 200
  17. spending
  18. 126
  19. more seeds for next time
  20. 240
  21. for bad days and goals
  22. 250
  23. saving
  24. 800
  25. 245
  26. 784
  27. 40
  28. 1080
  29. profit put in a bank
  30. 160
  31. 180
  32. a piggy bank for later
  33. an emergency fund
  34. reinvesting
  35. reinvesting
  36. 240
  37. 750
  38. saving
  39. 60
  40. spending

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