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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 901 · 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 saving? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) profit put in a bank
  2. 2.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) profit put in a bank (d) a piggy bank for later
  3. 3.Joseph’s stall made a profit of ₹900. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Which of these is spending on yourself? (a) a new video game (b) a piggy bank for later (c) profit put in a bank (d) an emergency fund
  5. 5.Which of these is reinvesting in the business? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  6. 6.Arjun’s stall made a profit of ₹300. Arjun saves 10% of it. How many rupees are saved?
  7. 7.Tara’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  8. 8.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  10. 10.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) profit put in a bank
  11. 11.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  12. 12.Which of these is spending on yourself? (a) profit put in a bank (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
  13. 13.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
  14. 14.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  15. 15.👪 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
  16. 16.Lakshmi’s stall made a profit of ₹1200. Lakshmi saves 25% of it. How many rupees are saved?
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) free money (d) a gift
  18. 18.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  20. 20.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
  21. 21.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) profit put in a bank
  22. 22.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) to waste it later (d) saving is a loss
  24. 24.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
  25. 25.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  27. 27.Kavya’s stall made a profit of ₹1600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  29. 29.Kabir’s stall made a profit of ₹1200. Kabir saves 50% of it. How many rupees are saved?
  30. 30.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) it does not matter (d) to pay more interest
  31. 31.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 ₹)?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  33. 33.Saanvi’s stall made a profit of ₹1900. Saanvi saves 50% of it. How many rupees are saved?
  34. 34.Riya’s stall made a profit of ₹300. Riya saves 10% of it. How many rupees are saved?
  35. 35.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  36. 36.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 ₹)?
  37. 37.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.Saanvi’s stall made a profit of ₹1200. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  39. 39.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
  40. 40.Gurpreet’s stall made a profit of ₹300. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. profit put in a bank
  2. more seeds for next time
  3. 225
  4. a new video game
  5. better paint for cards
  6. 30
  7. 360
  8. 90
  9. reinvesting
  10. a cinema ticket
  11. 45
  12. sweets for yourself
  13. spending
  14. 36
  15. talk to parents
  16. 300
  17. the cost of borrowing
  18. 54
  19. 992
  20. putting profit back in
  21. buying a second juicer
  22. 648
  23. for bad days and goals
  24. 14
  25. 126
  26. spending
  27. 640
  28. 635
  29. 600
  30. to keep trust
  31. 918
  32. saving
  33. 950
  34. 30
  35. 100
  36. 990
  37. 12
  38. 480
  39. spending
  40. 120

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