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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 565 · 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) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  2. 2.Dev’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  3. 3.Which of these is saving? (a) buying a second juicer (b) a new video game (c) better paint for cards (d) an emergency fund
  4. 4.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  5. 5.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  6. 6.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) buying a second juicer
  7. 7.Which of these is saving? (a) more seeds for next time (b) a piggy bank for later (c) buying a second juicer (d) a cinema ticket
  8. 8.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  9. 9.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  10. 10.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  11. 11.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  12. 12.Zoya’s stall made a profit of ₹600. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  14. 14.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  18. 18.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) better paint for cards
  20. 20.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 ₹)?
  21. 21.Dev’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.Aarav’s stall made a profit of ₹1800. Aarav saves 25% of it. How many rupees are saved?
  23. 23.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) an emergency fund
  24. 24.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
  25. 25.Ishaan’s stall made a profit of ₹1600. Ishaan saves 10% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  27. 27.Kabir’s stall made a profit of ₹2000. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) for bad days and goals (d) no reason
  29. 29.Nisha’s stall made a profit of ₹900. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  30. 30.Aarav’s stall made a profit of ₹400. Aarav saves 25% of it. How many rupees are saved?
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  32. 32.A small family shop borrows ₹500 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.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 ₹)?
  34. 34.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) putting profit back in (d) giving it away
  35. 35.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹1700. 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 ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 25% of it. How many rupees are saved?
  39. 39.Arjun’s stall made a profit of ₹300. Arjun saves 25% of it. How many rupees are saved?
  40. 40.Rohan’s stall made a profit of ₹1000. Rohan saves 10% of it. How many rupees are saved?

Answer key

  1. talk to parents
  2. 480
  3. an emergency fund
  4. reinvesting
  5. can I pay it back?
  6. buying a second juicer
  7. a piggy bank for later
  8. saving
  9. 18
  10. reinvesting
  11. saving
  12. 270
  13. spending
  14. 15
  15. 56
  16. 72
  17. the cost of borrowing
  18. 540
  19. sweets for yourself
  20. 206
  21. 280
  22. 450
  23. a new video game
  24. a cinema ticket
  25. 160
  26. 896
  27. 800
  28. for bad days and goals
  29. 360
  30. 100
  31. reinvesting
  32. 50
  33. 1080
  34. putting profit back in
  35. 118
  36. 765
  37. 324
  38. 250
  39. 75
  40. 100

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