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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 878 · 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 reinvesting in the business? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) profit put in a bank
  2. 2.Tara’s stall made a profit of ₹900. Tara saves 20% of it. How many rupees are saved?
  3. 3.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  4. 4.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  5. 5.🔁 Reinvesting means… (a) spending it on games (b) putting profit back in (c) hiding it (d) giving it away
  6. 6.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  7. 7.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  8. 8.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.Saanvi’s stall made a profit of ₹800. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) for bad days and goals (d) to waste it later
  11. 11.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  12. 12.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  13. 13.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  14. 14.Arjun’s stall made a profit of ₹1600. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  16. 16.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) talk to parents (c) ask strangers (d) borrow online alone
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  18. 18.Which of these is reinvesting in the business? (a) a piggy bank for later (b) sweets for yourself (c) an emergency fund (d) more seeds for next time
  19. 19.A small family shop borrows ₹200 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Vihaan’s stall made a profit of ₹200. Vihaan saves 10% of it. How many rupees are saved?
  21. 21.Diya’s stall made a profit of ₹1300. Diya saves 50% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) a piggy bank for later (d) sweets for yourself
  24. 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  25. 25.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  27. 27.Which of these is saving? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) better paint for cards
  28. 28.Riya’s stall made a profit of ₹1000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  30. 30.Riya’s stall made a profit of ₹1000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  31. 31.Which of these is spending on yourself? (a) more seeds for next time (b) better paint for cards (c) sweets for yourself (d) a piggy bank for later
  32. 32.Farhan’s stall made a profit of ₹400. Farhan saves 25% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) profit put in a bank
  34. 34.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  35. 35.Ananya’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.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 ₹)?
  37. 37.Arjun’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Arjun’s stall made a profit of ₹2000. Arjun saves 50% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Lakshmi’s stall made a profit of ₹700. Lakshmi saves 50% of it. How many rupees are saved?

Answer key

  1. buying a second juicer
  2. 180
  3. 121
  4. to keep trust
  5. putting profit back in
  6. saving
  7. can I pay it back?
  8. 12
  9. 480
  10. for bad days and goals
  11. 618
  12. 206
  13. spending
  14. 800
  15. 8
  16. talk to parents
  17. the cost of borrowing
  18. more seeds for next time
  19. 36
  20. 20
  21. 650
  22. 742
  23. a piggy bank for later
  24. spending
  25. saving
  26. saving
  27. an emergency fund
  28. 600
  29. 30
  30. 400
  31. sweets for yourself
  32. 100
  33. profit put in a bank
  34. 848
  35. 300
  36. 1080
  37. 450
  38. 1000
  39. 424
  40. 350

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