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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 597 · 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.Tara’s stall made a profit of ₹1300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  3. 3.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) a new video game
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) ask strangers (c) take it secretly (d) talk to parents
  5. 5.Which of these is reinvesting in the business? (a) an emergency fund (b) more seeds for next time (c) a new video game (d) a piggy bank for later
  6. 6.Kabir’s stall made a profit of ₹2000. Kabir saves 20% of it. How many rupees are saved?
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  8. 8.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  11. 11.Dev’s stall made a profit of ₹1900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  12. 12.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  14. 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  15. 15.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) buying a second juicer
  16. 16.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) hiding it (d) putting profit back in
  17. 17.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  18. 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
  19. 19.Diya’s stall made a profit of ₹1200. Diya saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.Farhan’s stall made a profit of ₹1800. Farhan saves 20% of it. How many rupees are saved?
  24. 24.Kabir’s stall made a profit of ₹1800. Kabir saves 10% of it. How many rupees are saved?
  25. 25.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  26. 26.Meera’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Dev’s stall made a profit of ₹1600. Dev saves 10% of it. How many rupees are saved?
  29. 29.Arjun’s stall made a profit of ₹1700. Arjun saves 10% of it. How many rupees are saved?
  30. 30.Kavya’s stall made a profit of ₹1700. Kavya saves 10% of it. How many rupees are saved?
  31. 31.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  32. 32.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.Saanvi’s stall made a profit of ₹500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Rohan’s stall made a profit of ₹1200. Rohan saves 20% of it. How many rupees are saved?
  35. 35.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
  36. 36.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  37. 37.Aarav’s stall made a profit of ₹1300. Aarav saves 10% of it. How many rupees are saved?
  38. 38.Vihaan’s stall made a profit of ₹500. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Diya’s stall made a profit of ₹1000. Diya saves 10% of it. How many rupees are saved?
  40. 40.🏦 Interest on a loan is… (a) free money (b) a gift (c) a discount (d) the cost of borrowing

Answer key

  1. 520
  2. saving
  3. a new video game
  4. talk to parents
  5. more seeds for next time
  6. 400
  7. spending
  8. reinvesting
  9. reinvesting
  10. to keep trust
  11. 950
  12. better paint for cards
  13. spending
  14. saving
  15. buying a second juicer
  16. putting profit back in
  17. 63
  18. reinvesting
  19. 300
  20. 635
  21. 6
  22. 180
  23. 360
  24. 180
  25. 1180
  26. 240
  27. 720
  28. 160
  29. 170
  30. 170
  31. 48
  32. 42
  33. 100
  34. 240
  35. can I pay it back?
  36. saving
  37. 130
  38. 200
  39. 100
  40. the cost of borrowing

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