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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 832 · 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.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
  2. 2.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  3. 3.Which of these is saving? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) sweets for yourself
  4. 4.Meera’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 spent?
  5. 5.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
  6. 6.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a new video game
  7. 7.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) sweets for yourself (b) profit put in a bank (c) an emergency fund (d) better paint for cards
  9. 9.Ananya’s stall made a profit of ₹200. Ananya saves 10% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹800 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust
  12. 12.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) sweets for yourself (d) a cinema ticket
  14. 14.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
  15. 15.Vihaan’s stall made a profit of ₹1700. Vihaan saves 25% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Which of these is saving? (a) a new video game (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  19. 19.Meera’s stall made a profit of ₹1700. Meera saves 10% of it. How many rupees are saved?
  20. 20.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  22. 22.Meera’s stall made a profit of ₹600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  23. 23.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) hiding it (d) spending it on games
  24. 24.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.Vihaan’s stall made a profit of ₹1200. Vihaan saves 50% of it. How many rupees are saved?
  26. 26.Kavya’s stall made a profit of ₹1400. Kavya saves 50% of it. How many rupees are saved?
  27. 27.A small family shop borrows ₹300 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  28. 28.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) take it secretly (d) borrow online alone
  29. 29.Meera’s stall made a profit of ₹700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.Aarav’s stall made a profit of ₹1100. Aarav saves 10% of it. How many rupees are saved?
  31. 31.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  32. 32.Saanvi’s stall made a profit of ₹2000. Saanvi saves 25% of it. How many rupees are saved?
  33. 33.Rohan’s stall made a profit of ₹1900. Rohan saves 50% of it. How many rupees are saved?
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
  35. 35.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 ₹)?
  36. 36.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
  37. 37.💡 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?
  38. 38.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  39. 39.Riya’s stall made a profit of ₹600. Riya saves 50% of it. How many rupees are saved?
  40. 40.Nisha’s stall made a profit of ₹700. Nisha saves 10% of it. How many rupees are saved?

Answer key

  1. the cost of borrowing
  2. 20
  3. profit put in a bank
  4. 325
  5. more seeds for next time
  6. a new video game
  7. 15
  8. better paint for cards
  9. 20
  10. 48
  11. to keep trust
  12. reinvesting
  13. buying a second juicer
  14. spending
  15. 425
  16. 180
  17. 72
  18. an emergency fund
  19. 170
  20. 360
  21. reinvesting
  22. 300
  23. putting profit back in
  24. 18
  25. 600
  26. 700
  27. 90
  28. talk to parents
  29. 175
  30. 110
  31. sweets for yourself
  32. 500
  33. 950
  34. saving
  35. 432
  36. a piggy bank for later
  37. can I pay it back?
  38. 1040
  39. 300
  40. 70

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