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) a gift (b) the cost of borrowing (c) a discount (d) free money
- 2.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 2 years (in ₹)?
- 3.🐷 Why save part of the profit? (a) for bad days and goals (b) no reason (c) to waste it later (d) saving is a loss
- 4.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
- 5.💡 Before borrowing, what should you ask? (a) nothing (b) can I pay it back? (c) how fast can I spend? (d) what is the logo?
- 6.Tara’s stall made a profit of ₹1600. Tara saves 25% of it. How many rupees are saved?
- 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
- 8.Which of these is saving? (a) sweets for yourself (b) profit put in a bank (c) buying a second juicer (d) more seeds for next time
- 9.Which of these is saving? (a) better paint for cards (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
- 10.Farhan’s stall made a profit of ₹1000. Farhan saves 20% of it. How many rupees are saved?
- 11.A small family shop borrows ₹500 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
- 12.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
- 13.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 14.Rohan’s stall made a profit of ₹1000. Rohan saves 20% of it. How many rupees are saved?
- 15.A small family shop borrows ₹400 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
- 16.Lakshmi’s stall made a profit of ₹400. Lakshmi saves 20% of it. How many rupees are saved?
- 17.Saanvi’s stall made a profit of ₹1900. Saanvi saves 25% of it. How many rupees are saved?
- 18.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
- 19.Arjun’s stall made a profit of ₹1600. Arjun saves 10% of it. How many rupees are saved?
- 20.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) spending (c) reinvesting
- 21.Which of these is reinvesting in the business? (a) a piggy bank for later (b) an emergency fund (c) a new video game (d) more seeds for next time
- 22.Which of these is reinvesting in the business? (a) profit put in a bank (b) buying a second juicer (c) a new video game (d) an emergency fund
- 23.🔁 Reinvesting means… (a) spending it on games (b) giving it away (c) putting profit back in (d) hiding it
- 24.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 ₹)?
- 25.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 ₹)?
- 26.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
- 27.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) buying a second juicer
- 28.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) reinvesting (c) saving
- 29.Rohan’s stall made a profit of ₹1800. 20% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 30.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) better paint for cards (d) sweets for yourself
- 31.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
- 32.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 33.📆 Why repay a loan on time? (a) to lose friends (b) it does not matter (c) to pay more interest (d) to keep trust
- 34.Tara’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 35.Joseph’s stall made a profit of ₹1000. Joseph saves 25% of it. How many rupees are saved?
- 36.Arjun’s stall made a profit of ₹900. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 37.Aarav’s stall made a profit of ₹400. Aarav saves 10% of it. How many rupees are saved?
- 38.Ishaan’s stall made a profit of ₹700. Ishaan saves 50% of it. How many rupees are saved?
- 39.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
- 40.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
Answer key
- the cost of borrowing
- 126
- for bad days and goals
- saving
- can I pay it back?
- 400
- spending
- profit put in a bank
- a piggy bank for later
- 200
- 20
- reinvesting
- 654
- 200
- 48
- 80
- 475
- reinvesting
- 160
- spending
- more seeds for next time
- buying a second juicer
- putting profit back in
- 762
- 108
- 27
- a new video game
- spending
- 540
- better paint for cards
- reinvesting
- 124
- to keep trust
- 840
- 250
- 360
- 40
- 350
- 81
- 84
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