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 saving? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
- 2.Which of these is spending on yourself? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) buying a second juicer
- 3.Saanvi’s stall made a profit of ₹1100. Saanvi saves 50% of it. How many rupees are saved?
- 4.A small family shop borrows ₹1000 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
- 6.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
- 7.💡 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?
- 8.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
- 9.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 2 years (in ₹)?
- 10.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
- 11.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 12.Zoya’s stall made a profit of ₹200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 13.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
- 14.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) a cinema ticket
- 15.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 ₹)?
- 16.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) a new video game
- 17.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
- 18.Ishaan’s stall made a profit of ₹1900. Ishaan saves 10% of it. How many rupees are saved?
- 19.Joseph’s stall made a profit of ₹1700. Joseph saves 10% of it. How many rupees are saved?
- 20.Rohan’s stall made a profit of ₹700. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 21.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
- 22.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a gift (d) a discount
- 23.Joseph’s stall made a profit of ₹700. Joseph saves 50% of it. How many rupees are saved?
- 24.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
- 25.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
- 26.Which of these is reinvesting in the business? (a) sweets for yourself (b) a cinema ticket (c) more seeds for next time (d) profit put in a bank
- 27.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
- 28.Rohan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 29.A small family shop borrows ₹1000 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
- 30.Which of these is reinvesting in the business? (a) a new video game (b) a piggy bank for later (c) a cinema ticket (d) better paint for cards
- 31.Ishaan’s stall made a profit of ₹500. Ishaan saves 50% of it. How many rupees are saved?
- 32.Aarav’s stall made a profit of ₹1600. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 33.Which of these is spending on yourself? (a) a piggy bank for later (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
- 34.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 ₹)?
- 35.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
- 36.A small family shop borrows ₹300 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 37.Arjun’s stall made a profit of ₹800. Arjun saves 25% of it. How many rupees are saved?
- 38.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 39.Vihaan’s stall made a profit of ₹600. Vihaan saves 20% of it. How many rupees are saved?
- 40.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
Answer key
- a piggy bank for later
- a new video game
- 550
- 1120
- spending
- reinvesting
- can I pay it back?
- 15
- 80
- saving
- 762
- 100
- spending
- a cinema ticket
- 336
- an emergency fund
- 30
- 190
- 170
- 385
- to keep trust
- the cost of borrowing
- 350
- putting profit back in
- 30
- more seeds for next time
- saving
- 1120
- 150
- better paint for cards
- 250
- 400
- sweets for yourself
- 121
- saving
- 312
- 200
- 744
- 120
- 56
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