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 ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
- 2.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 ₹)?
- 3.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 ₹)?
- 4.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 5.Which of these is reinvesting in the business? (a) a cinema ticket (b) sweets for yourself (c) profit put in a bank (d) more seeds for next time
- 6.Which of these is saving? (a) a new video game (b) buying a second juicer (c) profit put in a bank (d) more seeds for next time
- 7.Rohan’s stall made a profit of ₹900. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
- 9.Which of these is reinvesting in the business? (a) sweets for yourself (b) better paint for cards (c) a cinema ticket (d) a new video game
- 10.Riya’s stall made a profit of ₹1300. Riya saves 10% of it. How many rupees are saved?
- 11.Arjun’s stall made a profit of ₹1800. Arjun saves 20% of it. How many rupees are saved?
- 12.Which of these is spending on yourself? (a) a cinema ticket (b) a piggy bank for later (c) an emergency fund (d) more seeds for next time
- 13.📆 Why repay a loan on time? (a) to lose friends (b) to keep trust (c) to pay more interest (d) it does not matter
- 14.Which of these is spending on yourself? (a) profit put in a bank (b) a piggy bank for later (c) sweets for yourself (d) buying a second juicer
- 15.Arjun’s stall made a profit of ₹1300. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 16.A small family shop borrows ₹900 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
- 17.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
- 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
- 19.Farhan’s stall made a profit of ₹400. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 20.Arjun’s stall made a profit of ₹1100. Arjun saves 25% of it. How many rupees are saved?
- 21.Dev’s stall made a profit of ₹1800. Dev saves 10% of it. How many rupees are saved?
- 22.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
- 24.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
- 25.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
- 26.Diya’s stall made a profit of ₹800. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 27.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
- 28.Joseph’s stall made a profit of ₹300. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 29.🏦 Interest on a loan is… (a) a discount (b) a gift (c) free money (d) the cost of borrowing
- 30.Which of these is saving? (a) a piggy bank for later (b) sweets for yourself (c) a new video game (d) buying a second juicer
- 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
- 32.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 33.Which of these is reinvesting in the business? (a) a cinema ticket (b) buying a second juicer (c) a new video game (d) sweets for yourself
- 34.A small family shop borrows ₹1000 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 35.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) more seeds for next time
- 36.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 37.Riya’s stall made a profit of ₹2000. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 38.Lakshmi’s stall made a profit of ₹800. Lakshmi saves 50% of it. How many rupees are saved?
- 39.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 40.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
Answer key
- 150
- 535
- 336
- 650
- more seeds for next time
- profit put in a bank
- 270
- saving
- better paint for cards
- 130
- 360
- a cinema ticket
- to keep trust
- sweets for yourself
- 390
- 81
- 63
- saving
- 160
- 275
- 180
- 114
- reinvesting
- 6
- reinvesting
- 320
- 144
- 60
- the cost of borrowing
- a piggy bank for later
- saving
- 545
- buying a second juicer
- 1060
- a new video game
- 108
- 600
- 400
- 112
- spending
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