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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 96 · 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.Gurpreet’s stall made a profit of ₹800. Gurpreet saves 25% of it. How many rupees are saved?
  2. 2.Dev’s stall made a profit of ₹300. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  3. 3.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
  4. 4.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  5. 5.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  8. 8.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
  9. 9.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a new video game
  10. 10.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
  11. 11.A small family shop borrows ₹700 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  13. 13.Which of these is saving? (a) buying a second juicer (b) better paint for cards (c) profit put in a bank (d) a cinema ticket
  14. 14.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) an emergency fund (d) profit put in a bank
  15. 15.Tara’s stall made a profit of ₹700. Tara saves 25% of it. How many rupees are saved?
  16. 16.Riya’s stall made a profit of ₹200. Riya saves 10% of it. How many rupees are saved?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
  18. 18.📆 Why repay a loan on time? (a) to keep trust (b) to lose friends (c) to pay more interest (d) it does not matter
  19. 19.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  20. 20.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  21. 21.Ananya’s stall made a profit of ₹1100. Ananya saves 50% of it. How many rupees are saved?
  22. 22.Zoya’s stall made a profit of ₹600. Zoya saves 10% of it. How many rupees are saved?
  23. 23.Tara’s stall made a profit of ₹1200. Tara saves 10% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  25. 25.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 ₹)?
  26. 26.Which of these is reinvesting in the business? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) a piggy bank for later
  27. 27.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  28. 28.Ishaan’s stall made a profit of ₹1700. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  29. 29.Which of these is spending on yourself? (a) an emergency fund (b) more seeds for next time (c) better paint for cards (d) sweets for yourself
  30. 30.Joseph’s stall made a profit of ₹1400. Joseph saves 50% of it. How many rupees are saved?
  31. 31.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  32. 32.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  33. 33.Which of these is saving? (a) an emergency fund (b) better paint for cards (c) more seeds for next time (d) a cinema ticket
  34. 34.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  35. 35.Gurpreet’s stall made a profit of ₹600. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  36. 36.Dev’s stall made a profit of ₹1500. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  37. 37.Rohan’s stall made a profit of ₹1500. Rohan saves 25% of it. How many rupees are saved?
  38. 38.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) profit put in a bank (d) sweets for yourself
  39. 39.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) giving it away (d) hiding it
  40. 40.Kabir’s stall made a profit of ₹2000. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?

Answer key

  1. 200
  2. 60
  3. the cost of borrowing
  4. 1180
  5. 45
  6. 130
  7. talk to parents
  8. spending
  9. a new video game
  10. saving
  11. 42
  12. spending
  13. profit put in a bank
  14. better paint for cards
  15. 175
  16. 20
  17. reinvesting
  18. to keep trust
  19. 80
  20. 36
  21. 550
  22. 60
  23. 120
  24. 868
  25. 336
  26. more seeds for next time
  27. saving
  28. 510
  29. sweets for yourself
  30. 700
  31. can I pay it back?
  32. spending
  33. an emergency fund
  34. saving
  35. 240
  36. 300
  37. 375
  38. buying a second juicer
  39. putting profit back in
  40. 800

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