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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 964 · 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.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  2. 2.Dev’s stall made a profit of ₹1800. Dev saves 50% of it. How many rupees are saved?
  3. 3.Which of these is saving? (a) more seeds for next time (b) better paint for cards (c) an emergency fund (d) a cinema ticket
  4. 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  5. 5.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  6. 6.Aarav’s stall made a profit of ₹2000. Aarav saves 20% of it. How many rupees are saved?
  7. 7.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
  8. 8.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  9. 9.Which of these is reinvesting in the business? (a) better paint for cards (b) a piggy bank for later (c) profit put in a bank (d) a new video game
  10. 10.Farhan’s stall made a profit of ₹1900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  11. 11.Kavya’s stall made a profit of ₹1200. Kavya saves 50% of it. How many rupees are saved?
  12. 12.Lakshmi’s stall made a profit of ₹900. Lakshmi saves 50% of it. How many rupees are saved?
  13. 13.A small family shop borrows ₹300 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
  14. 14.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) buying a second juicer (b) sweets for yourself (c) a piggy bank for later (d) a cinema ticket
  16. 16.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  17. 17.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to keep trust (d) to pay more interest
  18. 18.Arjun’s stall made a profit of ₹500. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  19. 19.Nisha’s stall made a profit of ₹2000. Nisha saves 50% of it. How many rupees are saved?
  20. 20.Nisha’s stall made a profit of ₹1400. Nisha saves 25% of it. How many rupees are saved?
  21. 21.Aarav’s stall made a profit of ₹700. Aarav saves 10% of it. How many rupees are saved?
  22. 22.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  23. 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  24. 24.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
  25. 25.Gurpreet’s stall made a profit of ₹1300. Gurpreet saves 20% of it. How many rupees are saved?
  26. 26.Which of these is reinvesting in the business? (a) more seeds for next time (b) a piggy bank for later (c) a cinema ticket (d) an emergency fund
  27. 27.Farhan’s stall made a profit of ₹1700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  28. 28.👪 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
  29. 29.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  30. 30.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
  31. 31.Arjun’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  32. 32.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  33. 33.Which of these is saving? (a) a new video game (b) sweets for yourself (c) buying a second juicer (d) profit put in a bank
  34. 34.Kavya’s stall made a profit of ₹1800. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  35. 35.Farhan’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 spent?
  36. 36.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
  37. 37.Diya’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) reinvesting (c) saving
  39. 39.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  40. 40.Farhan’s stall made a profit of ₹500. Farhan saves 25% of it. How many rupees are saved?

Answer key

  1. putting profit back in
  2. 900
  3. an emergency fund
  4. saving
  5. 36
  6. 400
  7. can I pay it back?
  8. reinvesting
  9. better paint for cards
  10. 570
  11. 600
  12. 450
  13. 63
  14. 118
  15. a piggy bank for later
  16. 1040
  17. to keep trust
  18. 175
  19. 1000
  20. 350
  21. 70
  22. 242
  23. saving
  24. a cinema ticket
  25. 260
  26. more seeds for next time
  27. 340
  28. talk to parents
  29. 1100
  30. 96
  31. 440
  32. spending
  33. profit put in a bank
  34. 720
  35. 605
  36. the cost of borrowing
  37. 140
  38. reinvesting
  39. 1180
  40. 125

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