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.🐷 Why save part of the profit? (a) for bad days and goals (b) to waste it later (c) saving is a loss (d) no reason
- 2.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
- 3.Farhan’s stall made a profit of ₹1100. Farhan saves 10% of it. How many rupees are saved?
- 4.Vihaan’s stall made a profit of ₹1400. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 5.Which of these is saving? (a) a new video game (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
- 6.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) spending (c) reinvesting
- 7.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 ₹)?
- 8.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
- 9.Which of these is spending on yourself? (a) more seeds for next time (b) a new video game (c) buying a second juicer (d) profit put in a bank
- 10.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 11.Meera’s stall made a profit of ₹2000. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 12.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 13.Which of these is reinvesting in the business? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) sweets for yourself
- 14.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
- 15.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) better paint for cards
- 16.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) spending (c) reinvesting
- 17.Tara’s stall made a profit of ₹800. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 18.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) take it secretly (c) talk to parents (d) borrow online alone
- 19.Zoya’s stall made a profit of ₹1800. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 20.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 21.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) putting profit back in (d) spending it on games
- 22.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 23.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
- 24.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
- 25.Ananya’s stall made a profit of ₹2000. Ananya saves 50% of it. How many rupees are saved?
- 26.Which of these is saving? (a) better paint for cards (b) a piggy bank for later (c) a cinema ticket (d) buying a second juicer
- 27.Kavya’s stall made a profit of ₹2000. Kavya saves 20% of it. How many rupees are saved?
- 28.Farhan’s stall made a profit of ₹1600. Farhan saves 50% of it. How many rupees are saved?
- 29.Gurpreet’s stall made a profit of ₹400. Gurpreet saves 10% of it. How many rupees are saved?
- 30.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) nothing (d) how fast can I spend?
- 31.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
- 32.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
- 33.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
- 34.A small family shop borrows ₹300 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
- 35.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 36.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
- 37.Lakshmi’s stall made a profit of ₹1600. Lakshmi saves 10% of it. How many rupees are saved?
- 38.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
- 39.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
- 40.🏦 Interest on a loan is… (a) a discount (b) the cost of borrowing (c) free money (d) a gift
Answer key
- for bad days and goals
- 54
- 110
- 420
- profit put in a bank
- reinvesting
- 108
- saving
- a new video game
- 510
- 800
- 590
- more seeds for next time
- 144
- an emergency fund
- saving
- 240
- talk to parents
- 810
- 121
- putting profit back in
- 648
- saving
- spending
- 1000
- a piggy bank for later
- 400
- 800
- 40
- can I pay it back?
- reinvesting
- 54
- 30
- 18
- 960
- 70
- 160
- 120
- 64
- the cost of borrowing
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