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 repay a loan on time? (a) to pay more interest (b) to keep trust (c) it does not matter (d) to lose friends
- 2.A small family shop borrows ₹400 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
- 3.💡 Before borrowing, what should you ask? (a) what is the logo? (b) nothing (c) can I pay it back? (d) how fast can I spend?
- 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
- 5.A small family shop borrows ₹400 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
- 6.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
- 7.A small family shop borrows ₹1000 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
- 8.Joseph’s stall made a profit of ₹900. Joseph saves 10% of it. How many rupees are saved?
- 9.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 10.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) take it secretly (d) borrow online alone
- 11.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
- 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
- 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.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 15.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
- 16.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) buying a second juicer (d) a cinema ticket
- 17.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 18.Which of these is reinvesting in the business? (a) sweets for yourself (b) more seeds for next time (c) a cinema ticket (d) an emergency fund
- 19.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
- 20.Vihaan’s stall made a profit of ₹400. Vihaan saves 10% of it. How many rupees are saved?
- 21.Gurpreet’s stall made a profit of ₹1400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 22.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 ₹)?
- 23.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) profit put in a bank (d) better paint for cards
- 24.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
- 25.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
- 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 1 year (in ₹)?
- 27.Vihaan’s stall made a profit of ₹800. Vihaan saves 50% of it. How many rupees are saved?
- 28.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 29.Ishaan’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?
- 30.A small family shop borrows ₹400 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
- 31.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) saving (c) spending
- 32.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
- 33.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) a cinema ticket (d) better paint for cards
- 34.Gurpreet’s stall made a profit of ₹1300. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 35.Which of these is saving? (a) sweets for yourself (b) a new video game (c) profit put in a bank (d) a cinema ticket
- 36.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 37.Which of these is spending on yourself? (a) better paint for cards (b) sweets for yourself (c) a piggy bank for later (d) profit put in a bank
- 38.A small family shop borrows ₹900 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 39.🔁 Reinvesting means… (a) hiding it (b) spending it on games (c) giving it away (d) putting profit back in
- 40.A small family shop borrows ₹500 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
Answer key
- to keep trust
- 28
- can I pay it back?
- saving
- 120
- 12
- 100
- 90
- 880
- talk to parents
- reinvesting
- reinvesting
- for bad days and goals
- 109
- reinvesting
- buying a second juicer
- 928
- more seeds for next time
- saving
- 40
- 770
- 510
- a new video game
- spending
- 100
- 412
- 400
- 318
- 160
- 32
- spending
- 15
- an emergency fund
- 390
- profit put in a bank
- 927
- sweets for yourself
- 1080
- putting profit back in
- 90
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