Saving and Reinvesting Worksheet for Kids
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.
NameDateTime takenScore ___ / 40
- 1.A small family shop borrows ₹300 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 2.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) sweets for yourself (d) buying a second juicer
- 3.A small family shop borrows ₹400 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 4.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
- 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
- 6.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
- 7.Which of these is saving? (a) buying a second juicer (b) a cinema ticket (c) a new video game (d) an emergency fund
- 8.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
- 9.Saanvi’s stall made a profit of ₹1000. Saanvi saves 25% of it. How many rupees are saved?
- 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
- 11.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
- 12.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
- 13.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
- 14.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
- 15.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
- 16.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
- 17.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
- 18.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) borrow online alone (c) ask strangers (d) take it secretly
- 19.Zoya’s stall made a profit of ₹300. Zoya saves 10% of it. How many rupees are saved?
- 20.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
- 21.🐷 Saving, reinvesting or spending: more seeds for next time? (a) saving (b) reinvesting (c) spending
- 22.Riya’s stall made a profit of ₹1200. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 23.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
- 24.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
- 25.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
- 26.Aarav’s stall made a profit of ₹300. Aarav saves 50% of it. How many rupees are saved?
- 27.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
- 28.Nisha’s stall made a profit of ₹1800. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 29.Diya’s stall made a profit of ₹400. Diya saves 10% of it. How many rupees are saved?
- 30.A small family shop borrows ₹400 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 31.Vihaan’s stall made a profit of ₹1500. Vihaan saves 50% of it. How many rupees are saved?
- 32.🏦 Interest on a loan is… (a) free money (b) the cost of borrowing (c) a discount (d) a gift
- 33.Diya’s stall made a profit of ₹1800. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 34.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) an emergency fund
- 35.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 36.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 37.Tara’s stall made a profit of ₹300. Tara saves 20% of it. How many rupees are saved?
- 38.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
- 39.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
- 40.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
Answer key
- 324
- buying a second juicer
- 436
- 30
- spending
- 108
- an emergency fund
- 700
- 250
- saving
- 150
- putting profit back in
- 120
- saving
- 54
- 12
- reinvesting
- talk to parents
- 30
- saving
- reinvesting
- 480
- 40
- 120
- 36
- 150
- 9
- 360
- 40
- 472
- 750
- the cost of borrowing
- 450
- better paint for cards
- 918
- 728
- 60
- 54
- spending
- 20
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