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.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) a new video game
- 2.Which of these is spending on yourself? (a) better paint for cards (b) buying a second juicer (c) a piggy bank for later (d) sweets for yourself
- 3.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
- 4.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
- 5.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 50% of it. How many rupees are saved?
- 6.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
- 7.Which of these is reinvesting in the business? (a) profit put in a bank (b) a new video game (c) an emergency fund (d) better paint for cards
- 8.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 9.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) talk to parents (d) ask strangers
- 10.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
- 11.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) saving (c) spending
- 12.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) a piggy bank for later (d) a cinema ticket
- 13.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
- 14.🏦 Interest on a loan is… (a) a gift (b) a discount (c) the cost of borrowing (d) free money
- 15.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 16.Meera’s stall made a profit of ₹500. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 17.Which of these is spending on yourself? (a) a new video game (b) more seeds for next time (c) an emergency fund (d) profit put in a bank
- 18.A small family shop borrows ₹700 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
- 19.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting
- 20.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) a new video game (d) profit put in a bank
- 21.Aarav’s stall made a profit of ₹1800. Aarav saves 20% of it. How many rupees are saved?
- 22.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) profit put in a bank
- 23.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) reinvesting (c) spending
- 25.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
- 26.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 27.Dev’s stall made a profit of ₹1600. Dev saves 20% of it. How many rupees are saved?
- 28.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 29.Diya’s stall made a profit of ₹2000. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 30.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
- 31.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
- 32.Kavya’s stall made a profit of ₹600. Kavya saves 25% of it. How many rupees are saved?
- 33.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
- 34.🐷 Saving, reinvesting or spending: better paint for cards? (a) reinvesting (b) spending (c) saving
- 35.💡 Before borrowing, what should you ask? (a) what is the logo? (b) how fast can I spend? (c) can I pay it back? (d) nothing
- 36.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 37.Gurpreet’s stall made a profit of ₹700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 38.Gurpreet’s stall made a profit of ₹1400. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 39.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
- 40.Ishaan’s stall made a profit of ₹1500. Ishaan saves 50% of it. How many rupees are saved?
Answer key
- more seeds for next time
- sweets for yourself
- saving
- 100
- 250
- saving
- better paint for cards
- 560
- talk to parents
- putting profit back in
- reinvesting
- a piggy bank for later
- for bad days and goals
- the cost of borrowing
- 954
- 200
- a new video game
- 84
- saving
- profit put in a bank
- 360
- buying a second juicer
- 248
- spending
- spending
- 381
- 320
- 756
- 600
- reinvesting
- 45
- 150
- spending
- reinvesting
- can I pay it back?
- 654
- 280
- 280
- 12
- 750
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