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.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
- 2.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 3.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
- 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) spending (c) reinvesting
- 5.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) saving (c) spending
- 6.Which of these is spending on yourself? (a) a cinema ticket (b) profit put in a bank (c) better paint for cards (d) buying a second juicer
- 7.Which of these is reinvesting in the business? (a) a piggy bank for later (b) a cinema ticket (c) an emergency fund (d) better paint for cards
- 8.Which of these is saving? (a) a cinema ticket (b) buying a second juicer (c) more seeds for next time (d) profit put in a bank
- 9.Zoya’s stall made a profit of ₹600. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 10.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) reinvesting (c) spending
- 11.Joseph’s stall made a profit of ₹200. Joseph saves 25% of it. How many rupees are saved?
- 12.Which of these is reinvesting in the business? (a) a new video game (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
- 13.🔁 Reinvesting means… (a) hiding it (b) putting profit back in (c) giving it away (d) spending it on games
- 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
- 15.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) a new video game
- 16.Zoya’s stall made a profit of ₹900. 20% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 17.Diya’s stall made a profit of ₹600. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 18.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
- 19.A small family shop borrows ₹700 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
- 20.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
- 21.Saanvi’s stall made a profit of ₹300. Saanvi saves 20% of it. How many rupees are saved?
- 22.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) what is the logo? (c) nothing (d) can I pay it back?
- 23.Which of these is spending on yourself? (a) profit put in a bank (b) buying a second juicer (c) better paint for cards (d) a new video game
- 24.Gurpreet’s stall made a profit of ₹700. Gurpreet saves 50% of it. How many rupees are saved?
- 25.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 26.🐷 Why save part of the profit? (a) no reason (b) to waste it later (c) for bad days and goals (d) saving is a loss
- 27.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 28.Meera’s stall made a profit of ₹200. Meera saves 10% of it. How many rupees are saved?
- 29.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a piggy bank for later
- 30.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
- 31.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
- 32.A small family shop borrows ₹100 from a bank at 10% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 33.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 34.Riya’s stall made a profit of ₹1300. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 35.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
- 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 37.🐷 Saving, reinvesting or spending: more seeds for next time? (a) spending (b) reinvesting (c) saving
- 38.Which of these is saving? (a) sweets for yourself (b) buying a second juicer (c) a piggy bank for later (d) a new video game
- 39.Ananya’s stall made a profit of ₹2000. Ananya saves 20% of it. How many rupees are saved?
- 40.Joseph’s stall made a profit of ₹200. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
Answer key
- the cost of borrowing
- 306
- 180
- saving
- reinvesting
- a cinema ticket
- better paint for cards
- profit put in a bank
- 240
- saving
- 50
- more seeds for next time
- putting profit back in
- spending
- buying a second juicer
- 360
- 360
- saving
- 210
- 45
- 60
- can I pay it back?
- a new video game
- 350
- 327
- for bad days and goals
- 1180
- 20
- sweets for yourself
- 6
- 2
- 110
- 912
- 585
- 16
- 545
- reinvesting
- a piggy bank for later
- 400
- 100
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