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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 905 · 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.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
  2. 2.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  3. 3.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  4. 4.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
  5. 5.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  6. 6.Which of these is reinvesting in the business? (a) a new video game (b) profit put in a bank (c) better paint for cards (d) a piggy bank for later
  7. 7.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) saving (c) spending
  8. 8.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  9. 9.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  10. 10.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  11. 11.Arjun’s stall made a profit of ₹200. Arjun saves 10% of it. How many rupees are saved?
  12. 12.Riya’s stall made a profit of ₹700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Tara’s stall made a profit of ₹400. Tara saves 25% of it. How many rupees are saved?
  14. 14.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
  15. 15.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 ₹)?
  16. 16.Tara’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 spent?
  17. 17.Which of these is spending on yourself? (a) more seeds for next time (b) buying a second juicer (c) an emergency fund (d) a cinema ticket
  18. 18.Kavya’s stall made a profit of ₹600. Kavya saves 50% of it. How many rupees are saved?
  19. 19.🐷 Why save part of the profit? (a) no reason (b) saving is a loss (c) to waste it later (d) for bad days and goals
  20. 20.Which of these is reinvesting in the business? (a) profit put in a bank (b) sweets for yourself (c) a cinema ticket (d) buying a second juicer
  21. 21.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
  22. 22.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) buying a second juicer
  23. 23.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  24. 24.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) a cinema ticket
  25. 25.Dev’s stall made a profit of ₹1000. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  26. 26.Which of these is spending on yourself? (a) a new video game (b) better paint for cards (c) a piggy bank for later (d) buying a second juicer
  27. 27.Riya’s stall made a profit of ₹400. Riya saves 20% of it. How many rupees are saved?
  28. 28.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  29. 29.Riya’s stall made a profit of ₹1900. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  30. 30.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
  31. 31.Which of these is reinvesting in the business? (a) profit put in a bank (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  32. 32.Meera’s stall made a profit of ₹800. Meera saves 10% of it. How many rupees are saved?
  33. 33.Dev’s stall made a profit of ₹1900. Dev saves 50% of it. How many rupees are saved?
  34. 34.Dev’s stall made a profit of ₹800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Lakshmi’s stall made a profit of ₹1200. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) reinvesting (c) saving
  37. 37.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.Saanvi’s stall made a profit of ₹1700. Saanvi saves 20% of it. How many rupees are saved?

Answer key

  1. saving
  2. 204
  3. 72
  4. spending
  5. 520
  6. better paint for cards
  7. reinvesting
  8. 106
  9. spending
  10. to keep trust
  11. 20
  12. 210
  13. 100
  14. can I pay it back?
  15. 1080
  16. 480
  17. a cinema ticket
  18. 300
  19. for bad days and goals
  20. buying a second juicer
  21. profit put in a bank
  22. an emergency fund
  23. saving
  24. a piggy bank for later
  25. 700
  26. a new video game
  27. 80
  28. the cost of borrowing
  29. 1140
  30. talk to parents
  31. more seeds for next time
  32. 80
  33. 950
  34. 360
  35. 660
  36. reinvesting
  37. 10
  38. 545
  39. 42
  40. 340

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