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 spending on yourself? (a) better paint for cards (b) sweets for yourself (c) buying a second juicer (d) an emergency fund
- 2.Which of these is spending on yourself? (a) better paint for cards (b) a new video game (c) buying a second juicer (d) a piggy bank for later
- 3.Zoya’s stall made a profit of ₹1500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 4.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
- 5.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
- 6.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) how fast can I spend? (c) what is the logo? (d) nothing
- 7.Ananya’s stall made a profit of ₹1500. Ananya saves 50% of it. How many rupees are saved?
- 8.Aarav’s stall made a profit of ₹1200. 25% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
- 9.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) saving (c) spending
- 10.Which of these is reinvesting in the business? (a) a piggy bank for later (b) better paint for cards (c) profit put in a bank (d) an emergency fund
- 11.A small family shop borrows ₹100 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
- 12.🔁 Reinvesting means… (a) giving it away (b) putting profit back in (c) spending it on games (d) hiding it
- 13.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 1 year (in ₹)?
- 14.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
- 15.A small family shop borrows ₹600 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 16.🐷 Saving, reinvesting or spending: a cinema ticket? (a) spending (b) saving (c) reinvesting
- 17.Zoya’s stall made a profit of ₹1300. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 18.Which of these is saving? (a) a piggy bank for later (b) buying a second juicer (c) a new video game (d) a cinema ticket
- 19.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
- 20.Gurpreet’s stall made a profit of ₹1600. Gurpreet saves 25% of it. How many rupees are saved?
- 21.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) reinvesting (c) saving
- 22.Which of these is reinvesting in the business? (a) an emergency fund (b) profit put in a bank (c) a new video game (d) more seeds for next time
- 23.Which of these is saving? (a) more seeds for next time (b) profit put in a bank (c) better paint for cards (d) a cinema ticket
- 24.Which of these is saving? (a) buying a second juicer (b) an emergency fund (c) a cinema ticket (d) more seeds for next time
- 25.Riya’s stall made a profit of ₹500. Riya saves 50% of it. How many rupees are saved?
- 26.Which of these is reinvesting in the business? (a) buying a second juicer (b) a piggy bank for later (c) an emergency fund (d) sweets for yourself
- 27.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
- 28.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
- 29.Gurpreet’s stall made a profit of ₹1400. Gurpreet saves 50% of it. How many rupees are saved?
- 30.A small family shop borrows ₹800 from a bank at 9% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 31.🐷 Saving, reinvesting or spending: profit put in a bank? (a) reinvesting (b) saving (c) spending
- 32.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
- 33.Joseph’s stall made a profit of ₹1100. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
- 34.A small family shop borrows ₹1000 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
- 35.Gurpreet’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?
- 36.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) spending (c) saving
- 37.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
- 38.A small family shop borrows ₹200 from a bank at 7% simple interest per year. How much interest is due after 3 years (in ₹)?
- 39.Tara’s stall made a profit of ₹1800. Tara saves 20% of it. How many rupees are saved?
- 40.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
Answer key
- sweets for yourself
- a new video game
- 900
- reinvesting
- for bad days and goals
- can I pay it back?
- 750
- 300
- spending
- better paint for cards
- 103
- putting profit back in
- 45
- saving
- 648
- spending
- 520
- a piggy bank for later
- 18
- 400
- spending
- more seeds for next time
- profit put in a bank
- an emergency fund
- 250
- buying a second juicer
- 90
- 224
- 700
- 944
- saving
- 756
- 440
- 180
- 680
- saving
- the cost of borrowing
- 42
- 360
- 936
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