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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 824 · 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) putting profit back in (b) giving it away (c) hiding it (d) spending it on games
  2. 2.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.📆 Why repay a loan on time? (a) to pay more interest (b) it does not matter (c) to keep trust (d) to lose friends
  4. 4.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  5. 5.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  7. 7.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  8. 8.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  9. 9.Arjun’s stall made a profit of ₹400. Arjun saves 20% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a cinema ticket
  11. 11.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is saving? (a) a cinema ticket (b) a piggy bank for later (c) better paint for cards (d) more seeds for next time
  13. 13.Which of these is saving? (a) more seeds for next time (b) an emergency fund (c) sweets for yourself (d) better paint for cards
  14. 14.Diya’s stall made a profit of ₹900. Diya saves 20% of it. How many rupees are saved?
  15. 15.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  16. 16.Ishaan’s stall made a profit of ₹1100. Ishaan saves 10% of it. How many rupees are saved?
  17. 17.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  18. 18.Diya’s stall made a profit of ₹800. Diya saves 20% of it. How many rupees are saved?
  19. 19.Arjun’s stall made a profit of ₹400. Arjun saves 25% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  21. 21.Aarav’s stall made a profit of ₹500. Aarav saves 50% of it. How many rupees are saved?
  22. 22.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) ask strangers (d) borrow online alone
  24. 24.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  28. 28.Aarav’s stall made a profit of ₹200. Aarav saves 50% of it. How many rupees are saved?
  29. 29.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) an emergency fund (d) a piggy bank for later
  30. 30.Dev’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?
  31. 31.Joseph’s stall made a profit of ₹1900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.Diya’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  33. 33.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  34. 34.Kabir’s stall made a profit of ₹900. Kabir saves 50% of it. How many rupees are saved?
  35. 35.Ishaan’s stall made a profit of ₹500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) profit put in a bank (d) buying a second juicer
  37. 37.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  38. 38.Gurpreet’s stall made a profit of ₹2000. Gurpreet saves 50% of it. How many rupees are saved?
  39. 39.Rohan’s stall made a profit of ₹600. Rohan saves 25% of it. How many rupees are saved?
  40. 40.Saanvi’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?

Answer key

  1. putting profit back in
  2. 18
  3. to keep trust
  4. reinvesting
  5. 1030
  6. saving
  7. 50
  8. 550
  9. 80
  10. buying a second juicer
  11. 24
  12. a piggy bank for later
  13. an emergency fund
  14. 180
  15. spending
  16. 110
  17. can I pay it back?
  18. 160
  19. 100
  20. 345
  21. 250
  22. reinvesting
  23. talk to parents
  24. 990
  25. 330
  26. 36
  27. saving
  28. 100
  29. better paint for cards
  30. 390
  31. 1330
  32. 400
  33. the cost of borrowing
  34. 450
  35. 100
  36. profit put in a bank
  37. spending
  38. 1000
  39. 150
  40. 495

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