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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 906 · 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 cinema ticket? (a) saving (b) reinvesting (c) spending
  2. 2.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  3. 3.🏦 Interest on a loan is… (a) the cost of borrowing (b) a discount (c) a gift (d) free money
  4. 4.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  5. 5.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  6. 6.Kavya’s stall made a profit of ₹1700. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  7. 7.A small family shop borrows ₹800 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) more seeds for next time (d) profit put in a bank
  9. 9.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
  10. 10.Riya’s stall made a profit of ₹500. Riya saves 10% of it. How many rupees are saved?
  11. 11.Zoya’s stall made a profit of ₹1100. Zoya saves 25% of it. How many rupees are saved?
  12. 12.Saanvi’s stall made a profit of ₹1800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Kabir’s stall made a profit of ₹400. Kabir saves 50% of it. How many rupees are saved?
  14. 14.🐷 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
  15. 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
  16. 16.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  17. 17.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.Which of these is spending on yourself? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) better paint for cards
  19. 19.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  20. 20.Which of these is reinvesting in the business? (a) a piggy bank for later (b) profit put in a bank (c) a new video game (d) more seeds for next time
  21. 21.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  22. 22.Ishaan’s stall made a profit of ₹900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  24. 24.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  25. 25.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  26. 26.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  27. 27.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  29. 29.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  30. 30.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) buying a second juicer (d) more seeds for next time
  31. 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
  32. 32.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  33. 33.Arjun’s stall made a profit of ₹700. Arjun saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  35. 35.Zoya’s stall made a profit of ₹1900. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  39. 39.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) how fast can I spend? (d) can I pay it back?
  40. 40.📆 Why repay a loan on time? (a) it does not matter (b) to pay more interest (c) to lose friends (d) to keep trust

Answer key

  1. spending
  2. 96
  3. the cost of borrowing
  4. talk to parents
  5. saving
  6. 510
  7. 144
  8. a new video game
  9. spending
  10. 50
  11. 275
  12. 720
  13. 200
  14. for bad days and goals
  15. reinvesting
  16. 162
  17. 18
  18. sweets for yourself
  19. 84
  20. more seeds for next time
  21. 12
  22. 405
  23. saving
  24. 48
  25. better paint for cards
  26. reinvesting
  27. putting profit back in
  28. saving
  29. 1026
  30. an emergency fund
  31. reinvesting
  32. 32
  33. 350
  34. 762
  35. 855
  36. 960
  37. 3
  38. spending
  39. can I pay it back?
  40. to keep trust

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