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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 89 · 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) profit put in a bank (c) a piggy bank for later (d) more seeds for next time
  2. 2.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  3. 3.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
  4. 4.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) an emergency fund (d) a piggy bank for later
  5. 5.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.Aarav’s stall made a profit of ₹700. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.Which of these is saving? (a) buying a second juicer (b) a new video game (c) profit put in a bank (d) more seeds for next time
  8. 8.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) more seeds for next time (d) an emergency fund
  9. 9.Zoya’s stall made a profit of ₹1600. Zoya saves 50% of it. How many rupees are saved?
  10. 10.Which of these is reinvesting in the business? (a) an emergency fund (b) buying a second juicer (c) a cinema ticket (d) a new video game
  11. 11.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  12. 12.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  13. 13.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 ₹)?
  14. 14.Gurpreet’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  15. 15.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) saving (c) spending
  17. 17.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  18. 18.Dev’s stall made a profit of ₹1500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  19. 19.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  21. 21.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
  22. 22.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) a cinema ticket (d) buying a second juicer
  23. 23.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
  25. 25.Dev’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.Vihaan’s stall made a profit of ₹900. Vihaan saves 10% of it. How many rupees are saved?
  27. 27.Which of these is saving? (a) an emergency fund (b) more seeds for next time (c) buying a second juicer (d) sweets for yourself
  28. 28.Nisha’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  30. 30.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 ₹)?
  31. 31.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) talk to parents (c) borrow online alone (d) take it secretly
  33. 33.🐷 Why save part of the profit? (a) to waste it later (b) saving is a loss (c) for bad days and goals (d) no reason
  34. 34.Nisha’s stall made a profit of ₹1300. Nisha saves 50% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  36. 36.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  37. 37.Zoya’s stall made a profit of ₹2000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Ishaan’s stall made a profit of ₹800. Ishaan saves 25% of it. How many rupees are saved?
  39. 39.Which of these is saving? (a) buying a second juicer (b) more seeds for next time (c) sweets for yourself (d) a piggy bank for later
  40. 40.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?

Answer key

  1. more seeds for next time
  2. spending
  3. saving
  4. a new video game
  5. 18
  6. 490
  7. profit put in a bank
  8. sweets for yourself
  9. 800
  10. buying a second juicer
  11. reinvesting
  12. reinvesting
  13. 1030
  14. 150
  15. 630
  16. saving
  17. 24
  18. 600
  19. 104
  20. spending
  21. the cost of borrowing
  22. a cinema ticket
  23. 30
  24. to keep trust
  25. 150
  26. 90
  27. an emergency fund
  28. 585
  29. saving
  30. 121
  31. spending
  32. talk to parents
  33. for bad days and goals
  34. 650
  35. 1160
  36. 18
  37. 600
  38. 200
  39. a piggy bank for later
  40. 48

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