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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 620 · 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) a piggy bank for later (b) more seeds for next time (c) better paint for cards (d) a new video game
  2. 2.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  3. 3.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  4. 4.Farhan’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  5. 5.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  6. 6.Ishaan’s stall made a profit of ₹900. Ishaan saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
  9. 9.Arjun’s stall made a profit of ₹1800. Arjun saves 25% of it. How many rupees are saved?
  10. 10.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  11. 11.Which of these is spending on yourself? (a) more seeds for next time (b) a cinema ticket (c) buying a second juicer (d) an emergency fund
  12. 12.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  13. 13.Tara’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) an emergency fund
  15. 15.Which of these is saving? (a) sweets for yourself (b) a new video game (c) an emergency fund (d) a cinema ticket
  16. 16.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  17. 17.Farhan’s stall made a profit of ₹500. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  18. 18.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.Which of these is saving? (a) profit put in a bank (b) sweets for yourself (c) a new video game (d) more seeds for next time
  20. 20.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to lose friends (d) to keep trust
  21. 21.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  22. 22.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) a piggy bank for later (d) a new video game
  25. 25.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  26. 26.Tara’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) spending it on games (d) giving it away
  28. 28.Zoya’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  31. 31.Joseph’s stall made a profit of ₹1300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  33. 33.Diya’s stall made a profit of ₹600. Diya saves 20% of it. How many rupees are saved?
  34. 34.Aarav’s stall made a profit of ₹2000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Which of these is reinvesting in the business? (a) better paint for cards (b) an emergency fund (c) a new video game (d) a cinema ticket
  36. 36.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) buying a second juicer (d) more seeds for next time
  37. 37.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  39. 39.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  40. 40.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. a new video game
  2. saving
  3. 742
  4. 390
  5. 254
  6. 450
  7. 54
  8. the cost of borrowing
  9. 450
  10. talk to parents
  11. a cinema ticket
  12. can I pay it back?
  13. 500
  14. buying a second juicer
  15. an emergency fund
  16. for bad days and goals
  17. 350
  18. 63
  19. profit put in a bank
  20. to keep trust
  21. saving
  22. 605
  23. 112
  24. more seeds for next time
  25. spending
  26. 320
  27. putting profit back in
  28. 420
  29. 927
  30. 50
  31. 390
  32. reinvesting
  33. 120
  34. 1400
  35. better paint for cards
  36. a piggy bank for later
  37. 800
  38. reinvesting
  39. spending
  40. 24

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