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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 993 · 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.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  2. 2.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
  3. 3.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  4. 4.Tara’s stall made a profit of ₹1400. Tara saves 25% of it. How many rupees are saved?
  5. 5.Which of these is spending on yourself? (a) more seeds for next time (b) sweets for yourself (c) an emergency fund (d) better paint for cards
  6. 6.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  7. 7.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  8. 8.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) buying a second juicer (d) an emergency fund
  9. 9.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  10. 10.💡 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?
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) take it secretly (d) ask strangers
  12. 12.Which of these is spending on yourself? (a) better paint for cards (b) more seeds for next time (c) profit put in a bank (d) a new video game
  13. 13.🐷 Why save part of the profit? (a) to waste it later (b) for bad days and goals (c) saving is a loss (d) no reason
  14. 14.Meera’s stall made a profit of ₹1400. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  15. 15.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  16. 16.Kavya’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?
  17. 17.🏦 Interest on a loan is… (a) the cost of borrowing (b) a gift (c) free money (d) a discount
  18. 18.Which of these is saving? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) profit put in a bank
  19. 19.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  20. 20.🔁 Reinvesting means… (a) putting profit back in (b) spending it on games (c) hiding it (d) giving it away
  21. 21.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
  22. 22.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
  23. 23.Diya’s stall made a profit of ₹1000. Diya saves 50% of it. How many rupees are saved?
  24. 24.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  25. 25.Riya’s stall made a profit of ₹1400. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  28. 28.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) a cinema ticket
  29. 29.Diya’s stall made a profit of ₹400. Diya saves 20% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) a cinema ticket
  31. 31.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
  32. 32.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
  33. 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  34. 34.Gurpreet’s stall made a profit of ₹1000. Gurpreet saves 20% of it. How many rupees are saved?
  35. 35.Arjun’s stall made a profit of ₹800. Arjun saves 10% of it. How many rupees are saved?
  36. 36.Ishaan’s stall made a profit of ₹200. 20% 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 ₹1600. Rohan saves 25% of it. How many rupees are saved?
  38. 38.Which of these is saving? (a) better paint for cards (b) a new video game (c) more seeds for next time (d) an emergency fund
  39. 39.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.A small family shop borrows ₹500 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?

Answer key

  1. 32
  2. spending
  3. reinvesting
  4. 350
  5. sweets for yourself
  6. 24
  7. 126
  8. buying a second juicer
  9. 112
  10. can I pay it back?
  11. talk to parents
  12. a new video game
  13. for bad days and goals
  14. 560
  15. 816
  16. 855
  17. the cost of borrowing
  18. profit put in a bank
  19. 109
  20. putting profit back in
  21. 28
  22. saving
  23. 500
  24. 27
  25. 280
  26. 424
  27. 72
  28. better paint for cards
  29. 80
  30. a cinema ticket
  31. a piggy bank for later
  32. 20
  33. spending
  34. 200
  35. 80
  36. 40
  37. 400
  38. an emergency fund
  39. 416
  40. 35

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