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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 665 · 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) borrow online alone (b) take it secretly (c) ask strangers (d) talk to parents
  2. 2.Zoya’s stall made a profit of ₹1300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) a piggy bank for later
  4. 4.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  5. 5.A small family shop borrows ₹400 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  6. 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) how fast can I spend? (d) what is the logo?
  7. 7.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) it does not matter (d) to keep trust
  8. 8.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a new video game (d) better paint for cards
  9. 9.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
  10. 10.Arjun’s stall made a profit of ₹400. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  11. 11.Kabir’s stall made a profit of ₹1400. Kabir saves 20% of it. How many rupees are saved?
  12. 12.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  13. 13.Rohan’s stall made a profit of ₹700. Rohan saves 10% of it. How many rupees are saved?
  14. 14.Which of these is reinvesting in the business? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) a cinema ticket
  15. 15.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  16. 16.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  18. 18.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  19. 19.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
  20. 20.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  21. 21.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Which of these is saving? (a) a new video game (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  23. 23.Joseph’s stall made a profit of ₹1200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  24. 24.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  25. 25.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 ₹)?
  26. 26.Ananya’s stall made a profit of ₹400. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  28. 28.Diya’s stall made a profit of ₹1200. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  29. 29.Dev’s stall made a profit of ₹1800. Dev saves 50% of it. How many rupees are saved?
  30. 30.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) spending (c) reinvesting
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  32. 32.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  33. 33.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  34. 34.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  35. 35.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  39. 39.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Arjun’s stall made a profit of ₹200. Arjun saves 20% of it. How many rupees are saved?

Answer key

  1. talk to parents
  2. 650
  3. a piggy bank for later
  4. the cost of borrowing
  5. 440
  6. can I pay it back?
  7. to keep trust
  8. profit put in a bank
  9. saving
  10. 100
  11. 280
  12. 90
  13. 70
  14. buying a second juicer
  15. saving
  16. 105
  17. spending
  18. 963
  19. putting profit back in
  20. more seeds for next time
  21. 216
  22. an emergency fund
  23. 720
  24. reinvesting
  25. 540
  26. 160
  27. 936
  28. 360
  29. 900
  30. reinvesting
  31. spending
  32. 80
  33. 342
  34. spending
  35. 590
  36. 600
  37. 236
  38. reinvesting
  39. 24
  40. 40

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