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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 102 · 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 ₹700 in a bank. After 5 years the simple interest is ₹175. What is the rate of interest per year (in %)?
  2. 2.Priya keeps ₹1900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.Priya keeps ₹400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  4. 4.Tara keeps ₹1800 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  5. 5.Nisha keeps ₹300 in a bank. After 4 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  6. 6.Farhan keeps ₹1400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  7. 7.₹1600 earns 6% simple interest per year. In how many years will the interest be ₹192?
  8. 8.Farhan has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Farhan have after 1 year?
  9. 9.Manav keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  10. 10.Riya has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Riya have after 5 years?
  11. 11.Nisha keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.Nisha keeps ₹1000 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  13. 13.Arjun keeps ₹1400 in a bank. After 3 years the simple interest is ₹252. What is the rate of interest per year (in %)?
  14. 14.Karan keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  15. 15.Kavya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 6% simple interest per year, how many rupees more will Kavya have after 4 years?
  16. 16.₹700 earns 9% simple interest per year. In how many years will the interest be ₹189?
  17. 17.Lakshmi keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  18. 18.Meera keeps ₹1200 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  19. 19.Kabir has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Kabir have after 1 year?
  20. 20.Isha keeps ₹1300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  21. 21.Ananya keeps ₹100 in a bank. After 1 year the simple interest is ₹2. What is the rate of interest per year (in %)?
  22. 22.Rohan keeps ₹700 in a bank. After 3 years the simple interest is ₹105. What is the rate of interest per year (in %)?
  23. 23.Isha keeps ₹1100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  24. 24.₹100 earns 3% simple interest per year. In how many years will the interest be ₹15?
  25. 25.Farhan keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  26. 26.Rohan keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  27. 27.₹1900 earns 3% simple interest per year. In how many years will the interest be ₹114?
  28. 28.Kabir keeps ₹800 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  29. 29.Riya keeps ₹700 in a bank. After 3 years the simple interest is ₹189. What is the rate of interest per year (in %)?
  30. 30.Arjun has ₹1400. In a piggy bank it stays ₹1400. In a bank at 4% simple interest per year, how many rupees more will Arjun have after 4 years?
  31. 31.Tara keeps ₹100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.₹1500 earns 4% simple interest per year. In how many years will the interest be ₹180?
  33. 33.₹100 earns 8% simple interest per year. In how many years will the interest be ₹24?
  34. 34.Kavya has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Kavya have after 1 year?
  35. 35.₹1500 earns 9% simple interest per year. In how many years will the interest be ₹270?
  36. 36.Dev has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Dev have after 1 year?
  37. 37.Karan has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Karan have after 3 years?
  38. 38.Gurpreet has ₹1900. In a piggy bank it stays ₹1900. In a bank at 7% simple interest per year, how many rupees more will Gurpreet have after 4 years?
  39. 39.Diya keeps ₹1300 in a bank. After 4 years the simple interest is ₹416. What is the rate of interest per year (in %)?
  40. 40.Gurpreet keeps ₹800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?

Answer key

  1. 5
  2. 399
  3. 48
  4. 2520
  5. 2
  6. 336
  7. 2
  8. 21
  9. 250
  10. 60
  11. 99
  12. 360
  13. 6
  14. 160
  15. 312
  16. 3
  17. 24
  18. 1248
  19. 10
  20. 234
  21. 2
  22. 5
  23. 176
  24. 5
  25. 1270
  26. 180
  27. 2
  28. 824
  29. 9
  30. 224
  31. 24
  32. 3
  33. 3
  34. 4
  35. 2
  36. 40
  37. 15
  38. 532
  39. 8
  40. 320

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