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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 105 · 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.₹900 earns 4% simple interest per year. In how many years will the interest be ₹108?
  2. 2.Aarav keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  3. 3.Riya keeps ₹1900 in a bank. After 5 years the simple interest is ₹950. What is the rate of interest per year (in %)?
  4. 4.Aditya keeps ₹1800 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  5. 5.Sneha keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  6. 6.Ananya keeps ₹700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  7. 7.₹400 earns 2% simple interest per year. In how many years will the interest be ₹8?
  8. 8.₹500 earns 9% simple interest per year. In how many years will the interest be ₹135?
  9. 9.Rahul keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  10. 10.Rahul keeps ₹200 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  11. 11.Dev keeps ₹1200 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  12. 12.Diya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 9% simple interest per year, how many rupees more will Diya have after 4 years?
  13. 13.Tara keeps ₹300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  14. 14.Ananya keeps ₹400 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  15. 15.Nisha keeps ₹1000 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  16. 16.₹200 earns 5% simple interest per year. In how many years will the interest be ₹40?
  17. 17.Manav has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Manav have after 4 years?
  18. 18.Arjun has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Arjun have after 2 years?
  19. 19.Isha keeps ₹800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  20. 20.Nisha keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  21. 21.₹1300 earns 3% simple interest per year. In how many years will the interest be ₹156?
  22. 22.Aditya keeps ₹1000 in a bank. After 5 years the simple interest is ₹500. What is the rate of interest per year (in %)?
  23. 23.Meera keeps ₹1500 in a bank. After 5 years the simple interest is ₹450. What is the rate of interest per year (in %)?
  24. 24.Ishaan keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  25. 25.Meera keeps ₹900 in a bank. After 4 years the simple interest is ₹108. What is the rate of interest per year (in %)?
  26. 26.Lakshmi has ₹1200. In a piggy bank it stays ₹1200. In a bank at 4% simple interest per year, how many rupees more will Lakshmi have after 4 years?
  27. 27.₹200 earns 10% simple interest per year. In how many years will the interest be ₹20?
  28. 28.Priya keeps ₹1300 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  29. 29.Pooja keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  30. 30.₹200 earns 3% simple interest per year. In how many years will the interest be ₹6?
  31. 31.Meera keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  32. 32.Priya keeps ₹1100 in a bank. After 4 years the simple interest is ₹88. What is the rate of interest per year (in %)?
  33. 33.Saanvi keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  34. 34.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹288?
  35. 35.Joseph keeps ₹800 in a bank. After 1 year the simple interest is ₹32. What is the rate of interest per year (in %)?
  36. 36.Arjun keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  37. 37.₹300 earns 10% simple interest per year. In how many years will the interest be ₹150?
  38. 38.Nisha has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Nisha have after 3 years?
  39. 39.Diya keeps ₹1700 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  40. 40.₹600 earns 4% simple interest per year. In how many years will the interest be ₹24?

Answer key

  1. 3
  2. 2200
  3. 10
  4. 2232
  5. 108
  6. 105
  7. 1
  8. 3
  9. 28
  10. 206
  11. 1488
  12. 720
  13. 18
  14. 472
  15. 1250
  16. 4
  17. 156
  18. 70
  19. 240
  20. 1568
  21. 4
  22. 10
  23. 6
  24. 120
  25. 3
  26. 192
  27. 1
  28. 1664
  29. 321
  30. 1
  31. 30
  32. 2
  33. 28
  34. 2
  35. 4
  36. 42
  37. 5
  38. 189
  39. 1785
  40. 1

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