Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 106 · 40 sums

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).

1. 1.Zoya keeps ₹1000 in a bank. After 3 years the simple interest is ₹300. What is the rate of interest per year (in %)?
2. 2.Saanvi keeps ₹2000 in a bank. After 2 years the simple interest is ₹160. What is the rate of interest per year (in %)?
3. 3.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹320?
4. 4.Gurpreet keeps ₹1600 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
5. 5.Aarav keeps ₹400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
6. 6.₹600 earns 4% simple interest per year. In how many years will the interest be ₹24?
7. 7.Priya keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
8. 8.Kabir has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Kabir have after 4 years?
9. 9.Diya keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
10. 10.Karan has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Karan have after 3 years?
11. 11.Tara keeps ₹200 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
12. 12.Joseph keeps ₹1500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
13. 13.Rohan keeps ₹600 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
14. 14.Ishaan keeps ₹100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
15. 15.Sneha keeps ₹1500 in a bank. After 4 years the simple interest is ₹240. What is the rate of interest per year (in %)?
16. 16.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
17. 17.Nisha keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
18. 18.Farhan keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
19. 19.Riya keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
20. 20.Karan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 9% simple interest per year, how many rupees more will Karan have after 2 years?
21. 21.Diya keeps ₹100 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
22. 22.₹1800 earns 9% simple interest per year. In how many years will the interest be ₹810?
23. 23.₹1900 earns 9% simple interest per year. In how many years will the interest be ₹855?
24. 24.₹300 earns 4% simple interest per year. In how many years will the interest be ₹36?
25. 25.₹100 earns 3% simple interest per year. In how many years will the interest be ₹12?
26. 26.₹200 earns 5% simple interest per year. In how many years will the interest be ₹10?
27. 27.Karan has ₹400. In a piggy bank it stays ₹400. In a bank at 5% simple interest per year, how many rupees more will Karan have after 3 years?
28. 28.₹1900 earns 5% simple interest per year. In how many years will the interest be ₹380?
29. 29.Ananya keeps ₹1800 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
30. 30.Lakshmi keeps ₹1500 in a bank. After 5 years the simple interest is ₹225. What is the rate of interest per year (in %)?
31. 31.Kabir keeps ₹1800 in a bank. After 2 years the simple interest is ₹180. What is the rate of interest per year (in %)?
32. 32.Lakshmi has ₹1500. In a piggy bank it stays ₹1500. In a bank at 6% simple interest per year, how many rupees more will Lakshmi have after 2 years?
33. 33.₹500 earns 9% simple interest per year. In how many years will the interest be ₹90?
34. 34.Diya keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
35. 35.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹28?
36. 36.Manav has ₹1200. In a piggy bank it stays ₹1200. In a bank at 7% simple interest per year, how many rupees more will Manav have after 5 years?
37. 37.Saanvi keeps ₹1600 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
38. 38.Kavya keeps ₹800 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
39. 39.Priya keeps ₹1900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
40. 40.Diya keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?

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