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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 958 · 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) buying a second juicer (b) more seeds for next time (c) an emergency fund (d) a new video game
  2. 2.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) saving (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  4. 4.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  5. 5.💡 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?
  6. 6.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 ₹)?
  7. 7.🐷 Why save part of the profit? (a) saving is a loss (b) no reason (c) to waste it later (d) for bad days and goals
  8. 8.A small family shop borrows ₹700 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (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) an emergency fund (c) better paint for cards (d) a cinema ticket
  11. 11.Nisha’s stall made a profit of ₹200. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Joseph’s stall made a profit of ₹1600. Joseph saves 25% of it. How many rupees are saved?
  13. 13.Which of these is reinvesting in the business? (a) sweets for yourself (b) a piggy bank for later (c) a cinema ticket (d) more seeds for next time
  14. 14.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  15. 15.Which of these is saving? (a) a piggy bank for later (b) a cinema ticket (c) more seeds for next time (d) buying a second juicer
  16. 16.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  18. 18.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  19. 19.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Ishaan’s stall made a profit of ₹300. Ishaan saves 20% of it. How many rupees are saved?
  21. 21.Dev’s stall made a profit of ₹1000. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  22. 22.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  23. 23.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) take it secretly (c) talk to parents (d) ask strangers
  24. 24.Kabir’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  26. 26.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  27. 27.Rohan’s stall made a profit of ₹300. Rohan saves 10% of it. How many rupees are saved?
  28. 28.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  31. 31.Riya’s stall made a profit of ₹1100. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  33. 33.Diya’s stall made a profit of ₹300. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  34. 34.Which of these is reinvesting in the business? (a) better paint for cards (b) profit put in a bank (c) a piggy bank for later (d) an emergency fund
  35. 35.Rohan’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  36. 36.🔁 Reinvesting means… (a) putting profit back in (b) hiding it (c) giving it away (d) spending it on games
  37. 37.Saanvi’s stall made a profit of ₹1300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Which of these is saving? (a) profit put in a bank (b) a new video game (c) a cinema ticket (d) more seeds for next time
  39. 39.Saanvi’s stall made a profit of ₹700. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  40. 40.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?

Answer key

  1. an emergency fund
  2. reinvesting
  3. saving
  4. 1143
  5. can I pay it back?
  6. 648
  7. for bad days and goals
  8. 770
  9. reinvesting
  10. a cinema ticket
  11. 60
  12. 400
  13. more seeds for next time
  14. 1100
  15. a piggy bank for later
  16. 40
  17. 336
  18. 10
  19. 72
  20. 60
  21. 300
  22. 54
  23. talk to parents
  24. 220
  25. spending
  26. saving
  27. 30
  28. 354
  29. 535
  30. 1062
  31. 220
  32. the cost of borrowing
  33. 150
  34. better paint for cards
  35. 630
  36. putting profit back in
  37. 520
  38. profit put in a bank
  39. 245
  40. 160

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