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.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
- 2.A small family shop borrows ₹800 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
- 3.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) a cinema ticket (d) a new video game
- 4.🐷 Saving, reinvesting or spending: a cinema ticket? (a) saving (b) spending (c) reinvesting
- 5.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) an emergency fund (d) a cinema ticket
- 6.🐷 Saving, reinvesting or spending: a new video game? (a) saving (b) reinvesting (c) spending
- 7.👪 A teen wants to borrow for a business idea. First step? (a) ask strangers (b) borrow online alone (c) take it secretly (d) talk to parents
- 8.Diya’s stall made a profit of ₹1700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 9.Joseph’s stall made a profit of ₹1500. Joseph saves 20% of it. How many rupees are saved?
- 10.Riya’s stall made a profit of ₹1200. Riya saves 50% of it. How many rupees are saved?
- 11.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
- 12.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 13.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) profit put in a bank (d) better paint for cards
- 14.Riya’s stall made a profit of ₹900. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 15.A small family shop borrows ₹300 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
- 16.Diya’s stall made a profit of ₹1300. Diya saves 10% of it. How many rupees are saved?
- 17.📆 Why repay a loan on time? (a) it does not matter (b) to lose friends (c) to pay more interest (d) to keep trust
- 18.Saanvi’s stall made a profit of ₹400. Saanvi saves 20% of it. How many rupees are saved?
- 19.Farhan’s stall made a profit of ₹700. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 20.💡 Before borrowing, what should you ask? (a) nothing (b) how fast can I spend? (c) what is the logo? (d) can I pay it back?
- 21.Which of these is saving? (a) sweets for yourself (b) more seeds for next time (c) a piggy bank for later (d) buying a second juicer
- 22.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) spending it on games (d) putting profit back in
- 23.Rohan’s stall made a profit of ₹1700. Rohan saves 25% of it. How many rupees are saved?
- 24.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 25.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) profit put in a bank
- 26.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 27.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
- 28.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
- 29.Which of these is spending on yourself? (a) a piggy bank for later (b) profit put in a bank (c) better paint for cards (d) a new video game
- 30.Nisha’s stall made a profit of ₹1700. Nisha saves 50% of it. How many rupees are saved?
- 31.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 32.Riya’s stall made a profit of ₹600. Riya saves 20% of it. How many rupees are saved?
- 33.🏦 Interest on a loan is… (a) a gift (b) a discount (c) free money (d) the cost of borrowing
- 34.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) spending (c) saving
- 35.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
- 36.A small family shop borrows ₹900 from a bank at 7% simple interest per year. How much interest is due after 1 year (in ₹)?
- 37.Zoya’s stall made a profit of ₹1300. Zoya saves 10% of it. How many rupees are saved?
- 38.Which of these is spending on yourself? (a) sweets for yourself (b) an emergency fund (c) buying a second juicer (d) a piggy bank for later
- 39.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
- 40.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
Answer key
- 14
- 80
- better paint for cards
- spending
- a cinema ticket
- spending
- talk to parents
- 680
- 300
- 600
- 24
- 636
- profit put in a bank
- 630
- 27
- 130
- to keep trust
- 80
- 140
- can I pay it back?
- a piggy bank for later
- putting profit back in
- 425
- 612
- buying a second juicer
- 232
- 240
- saving
- a new video game
- 850
- 1090
- 120
- the cost of borrowing
- saving
- spending
- 63
- 130
- sweets for yourself
- saving
- reinvesting
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