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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 705 · 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 saving? (a) buying a second juicer (b) a new video game (c) an emergency fund (d) sweets for yourself
  2. 2.Rohan’s stall made a profit of ₹1800. Rohan saves 20% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  4. 4.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Dev’s stall made a profit of ₹1900. Dev saves 20% of it. How many rupees are saved?
  6. 6.💡 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
  7. 7.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
  8. 8.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  9. 9.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  10. 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  11. 11.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  12. 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  13. 13.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  14. 14.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) sweets for yourself
  15. 15.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  16. 16.Meera’s stall made a profit of ₹900. Meera saves 10% of it. How many rupees are saved?
  17. 17.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Kabir’s stall made a profit of ₹300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.Diya’s stall made a profit of ₹600. Diya saves 25% of it. How many rupees are saved?
  21. 21.🏦 Interest on a loan is… (a) a discount (b) free money (c) a gift (d) the cost of borrowing
  22. 22.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  23. 23.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  25. 25.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  27. 27.Rohan’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.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 ₹)?
  29. 29.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  30. 30.Kavya’s stall made a profit of ₹1500. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  31. 31.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  32. 32.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  33. 33.Arjun’s stall made a profit of ₹900. Arjun saves 10% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  35. 35.🔁 Reinvesting means… (a) giving it away (b) spending it on games (c) hiding it (d) putting profit back in
  36. 36.Tara’s stall made a profit of ₹1100. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Saanvi’s stall made a profit of ₹1400. Saanvi saves 25% of it. How many rupees are saved?
  39. 39.Which of these is reinvesting in the business? (a) a cinema ticket (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
  40. 40.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. an emergency fund
  2. 360
  3. a piggy bank for later
  4. 14
  5. 380
  6. can I pay it back?
  7. spending
  8. for bad days and goals
  9. saving
  10. saving
  11. better paint for cards
  12. reinvesting
  13. reinvesting
  14. sweets for yourself
  15. to keep trust
  16. 90
  17. 96
  18. 90
  19. 24
  20. 150
  21. the cost of borrowing
  22. talk to parents
  23. 816
  24. 324
  25. 432
  26. a cinema ticket
  27. 320
  28. 720
  29. profit put in a bank
  30. 750
  31. 60
  32. saving
  33. 90
  34. reinvesting
  35. putting profit back in
  36. 440
  37. 270
  38. 350
  39. more seeds for next time
  40. 260

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