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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 101 · 40 sums
TalentJR

The method (P × R × T ÷ 100): Interest I = P × R × T ÷ 100. Amount after T years = P + I. Turn it round: R = I × 100 ÷ (P × T) and T = I × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.Karan keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  2. 2.Rahul keeps ₹300 in a bank. After 3 years the simple interest is ₹18. What is the rate of interest per year (in %)?
  3. 3.Zoya keeps ₹300 in a bank. After 4 years the simple interest is ₹36. What is the rate of interest per year (in %)?
  4. 4.Manav keeps ₹2000 in a bank. After 1 year the simple interest is ₹100. What is the rate of interest per year (in %)?
  5. 5.Kabir keeps ₹300 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  6. 6.₹100 earns 8% simple interest per year. In how many years will the interest be ₹8?
  7. 7.₹1000 earns 3% simple interest per year. In how many years will the interest be ₹120?
  8. 8.Aarav keeps ₹200 in a bank. After 4 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  9. 9.Priya has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Priya have after 2 years?
  10. 10.₹200 earns 4% simple interest per year. In how many years will the interest be ₹32?
  11. 11.Joseph keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  12. 12.Kabir keeps ₹1400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  13. 13.Joseph has ₹900. In a piggy bank it stays ₹900. In a bank at 8% simple interest per year, how many rupees more will Joseph have after 5 years?
  14. 14.Farhan has ₹1000. In a piggy bank it stays ₹1000. In a bank at 3% simple interest per year, how many rupees more will Farhan have after 2 years?
  15. 15.Sneha keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  16. 16.₹900 earns 4% simple interest per year. In how many years will the interest be ₹144?
  17. 17.Joseph keeps ₹300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  18. 18.Kabir keeps ₹500 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  19. 19.Manav keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  20. 20.Ananya keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  21. 21.₹1700 earns 2% simple interest per year. In how many years will the interest be ₹136?
  22. 22.Kavya keeps ₹100 in a bank. After 4 years the simple interest is ₹8. What is the rate of interest per year (in %)?
  23. 23.Aarav has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 2 years?
  24. 24.Kavya keeps ₹500 in a bank. After 4 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  25. 25.Karan keeps ₹100 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  26. 26.Zoya keeps ₹400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  27. 27.Lakshmi keeps ₹700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  28. 28.₹1700 earns 4% simple interest per year. In how many years will the interest be ₹340?
  29. 29.Arjun has ₹800. In a piggy bank it stays ₹800. In a bank at 3% simple interest per year, how many rupees more will Arjun have after 1 year?
  30. 30.Aarav keeps ₹1100 in a bank. After 3 years the simple interest is ₹66. What is the rate of interest per year (in %)?
  31. 31.₹800 earns 10% simple interest per year. In how many years will the interest be ₹240?
  32. 32.₹1900 earns 10% simple interest per year. In how many years will the interest be ₹570?
  33. 33.Nisha has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Nisha have after 1 year?
  34. 34.₹2000 earns 10% simple interest per year. In how many years will the interest be ₹400?
  35. 35.Kabir keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  36. 36.Nisha keeps ₹1000 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  37. 37.Ishaan keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  38. 38.₹1400 earns 8% simple interest per year. In how many years will the interest be ₹336?
  39. 39.₹1200 earns 10% simple interest per year. In how many years will the interest be ₹600?
  40. 40.Tara keeps ₹600 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?

Answer key

  1. 104
  2. 2
  3. 3
  4. 5
  5. 5
  6. 1
  7. 4
  8. 6
  9. 70
  10. 4
  11. 2160
  12. 560
  13. 360
  14. 60
  15. 108
  16. 4
  17. 135
  18. 535
  19. 720
  20. 324
  21. 4
  22. 2
  23. 48
  24. 2
  25. 130
  26. 80
  27. 63
  28. 5
  29. 24
  30. 2
  31. 3
  32. 3
  33. 30
  34. 2
  35. 1836
  36. 1020
  37. 80
  38. 3
  39. 5
  40. 6

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