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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 739 · 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.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  2. 2.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) reinvesting (c) saving
  3. 3.Lakshmi’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  4. 4.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  5. 5.Joseph’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  6. 6.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) better paint for cards (d) buying a second juicer
  7. 7.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  9. 9.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a new video game (d) profit put in a bank
  10. 10.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  12. 12.Rohan’s stall made a profit of ₹500. Rohan saves 20% of it. How many rupees are saved?
  13. 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  14. 14.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) better paint for cards (d) more seeds for next time
  15. 15.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
  18. 18.Kabir’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.Tara’s stall made a profit of ₹800. Tara saves 10% of it. How many rupees are saved?
  20. 20.Gurpreet’s stall made a profit of ₹300. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Saanvi’s stall made a profit of ₹900. Saanvi saves 20% of it. How many rupees are saved?
  22. 22.🏦 Interest on a loan is… (a) a gift (b) free money (c) a discount (d) the cost of borrowing
  23. 23.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 20% of it. How many rupees are saved?
  24. 24.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?
  25. 25.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) better paint for cards
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  27. 27.Ishaan’s stall made a profit of ₹1500. Ishaan saves 25% of it. How many rupees are saved?
  28. 28.Nisha’s stall made a profit of ₹900. Nisha saves 20% of it. How many rupees are saved?
  29. 29.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Which of these is spending on yourself? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) profit put in a bank
  31. 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  32. 32.Dev’s stall made a profit of ₹500. Dev saves 10% of it. How many rupees are saved?
  33. 33.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) talk to parents (d) borrow online alone
  36. 36.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  37. 37.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) a piggy bank for later (d) an emergency fund
  38. 38.Meera’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  39. 39.Tara’s stall made a profit of ₹200. Tara saves 10% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?

Answer key

  1. reinvesting
  2. saving
  3. 480
  4. 60
  5. 680
  6. sweets for yourself
  7. 216
  8. 72
  9. profit put in a bank
  10. putting profit back in
  11. spending
  12. 100
  13. spending
  14. an emergency fund
  15. 1080
  16. 654
  17. can I pay it back?
  18. 60
  19. 80
  20. 150
  21. 180
  22. the cost of borrowing
  23. 320
  24. 240
  25. a piggy bank for later
  26. saving
  27. 375
  28. 180
  29. 780
  30. a cinema ticket
  31. reinvesting
  32. 50
  33. 30
  34. 100
  35. talk to parents
  36. to keep trust
  37. more seeds for next time
  38. 900
  39. 20
  40. 762

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