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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 663 · 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.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  2. 2.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  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.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  6. 6.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  7. 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) better paint for cards (d) a new video game
  8. 8.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) a new video game (d) buying a second juicer
  9. 9.Aarav’s stall made a profit of ₹300. Aarav saves 20% of it. How many rupees are saved?
  10. 10.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) can I pay it back? (d) nothing
  11. 11.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  12. 12.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) an emergency fund (d) more seeds for next time
  13. 13.Zoya’s stall made a profit of ₹300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  14. 14.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) sweets for yourself
  15. 15.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  16. 16.A small family shop borrows ₹1000 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.Riya’s stall made a profit of ₹700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.A small family shop borrows ₹200 from a bank at 3% 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) a cinema ticket (c) sweets for yourself (d) profit put in a bank
  20. 20.Which of these is saving? (a) a new video game (b) sweets for yourself (c) a cinema ticket (d) profit put in a bank
  21. 21.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) profit put in a bank (d) sweets for yourself
  22. 22.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  23. 23.Arjun’s stall made a profit of ₹2000. Arjun saves 20% of it. How many rupees are saved?
  24. 24.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  25. 25.Kavya’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Rohan’s stall made a profit of ₹1500. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Ananya’s stall made a profit of ₹200. Ananya saves 20% of it. How many rupees are saved?
  28. 28.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  29. 29.Joseph’s stall made a profit of ₹1600. Joseph saves 25% of it. How many rupees are saved?
  30. 30.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  31. 31.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 20% of it. How many rupees are saved?
  32. 32.Dev’s stall made a profit of ₹1900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.Arjun’s stall made a profit of ₹900. Arjun saves 25% of it. How many rupees are saved?
  34. 34.Riya’s stall made a profit of ₹400. Riya saves 20% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Riya’s stall made a profit of ₹900. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  39. 39.Aarav’s stall made a profit of ₹800. Aarav saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. putting profit back in
  2. reinvesting
  3. reinvesting
  4. talk to parents
  5. saving
  6. the cost of borrowing
  7. better paint for cards
  8. buying a second juicer
  9. 60
  10. can I pay it back?
  11. 20
  12. a new video game
  13. 120
  14. an emergency fund
  15. saving
  16. 140
  17. 350
  18. 12
  19. more seeds for next time
  20. profit put in a bank
  21. sweets for yourself
  22. reinvesting
  23. 400
  24. to keep trust
  25. 480
  26. 300
  27. 40
  28. spending
  29. 400
  30. 1090
  31. 400
  32. 380
  33. 225
  34. 80
  35. 1040
  36. 318
  37. 495
  38. saving
  39. 400
  40. 120

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