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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 874 · 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.Meera’s stall made a profit of ₹1900. Meera saves 10% of it. How many rupees are saved?
  2. 2.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to keep trust (d) to lose friends
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  4. 4.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) more seeds for next time (d) a piggy bank for later
  6. 6.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) buying a second juicer (d) a new video game
  7. 7.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  8. 8.Which of these is reinvesting in the business? (a) a new video game (b) buying a second juicer (c) a cinema ticket (d) profit put in a bank
  9. 9.Nisha’s stall made a profit of ₹1300. Nisha saves 25% of it. How many rupees are saved?
  10. 10.Kavya’s stall made a profit of ₹200. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
  12. 12.Aarav’s stall made a profit of ₹900. Aarav saves 50% of it. How many rupees are saved?
  13. 13.Which of these is saving? (a) better paint for cards (b) a cinema ticket (c) more seeds for next time (d) an emergency fund
  14. 14.🏦 Interest on a loan is… (a) a gift (b) free money (c) the cost of borrowing (d) a discount
  15. 15.Tara’s stall made a profit of ₹1500. Tara 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 2 years (in ₹)?
  17. 17.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  18. 18.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  19. 19.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  20. 20.Which of these is spending on yourself? (a) buying a second juicer (b) profit put in a bank (c) more seeds for next time (d) a cinema ticket
  21. 21.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  22. 22.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  24. 24.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  25. 25.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
  26. 26.Aarav’s stall made a profit of ₹1700. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  27. 27.Ishaan’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?
  28. 28.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  29. 29.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  30. 30.Gurpreet’s stall made a profit of ₹1900. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  32. 32.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
  33. 33.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) nothing (c) what is the logo? (d) how fast can I spend?
  34. 34.Vihaan’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Nisha’s stall made a profit of ₹2000. Nisha saves 25% of it. How many rupees are saved?
  36. 36.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹700 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 190
  2. to keep trust
  3. reinvesting
  4. 180
  5. sweets for yourself
  6. a piggy bank for later
  7. saving
  8. buying a second juicer
  9. 325
  10. 100
  11. spending
  12. 450
  13. an emergency fund
  14. the cost of borrowing
  15. 375
  16. 120
  17. for bad days and goals
  18. saving
  19. talk to parents
  20. a cinema ticket
  21. reinvesting
  22. 192
  23. 107
  24. 918
  25. reinvesting
  26. 850
  27. 300
  28. spending
  29. 968
  30. 570
  31. spending
  32. putting profit back in
  33. can I pay it back?
  34. 420
  35. 500
  36. 70
  37. 10
  38. 500
  39. 20
  40. 49

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