Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 107 · 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.₹500 earns 8% simple interest per year. In how many years will the interest be ₹200?
2. 2.Dev keeps ₹700 in a bank. After 1 year the simple interest is ₹49. What is the rate of interest per year (in %)?
3. 3.Diya keeps ₹1100 in a bank. After 2 years the simple interest is ₹198. What is the rate of interest per year (in %)?
4. 4.Gurpreet keeps ₹1400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
5. 5.₹300 earns 3% simple interest per year. In how many years will the interest be ₹36?
6. 6.Dev keeps ₹100 in a bank. After 4 years the simple interest is ₹40. What is the rate of interest per year (in %)?
7. 7.Manav keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
8. 8.Meera has ₹2000. In a piggy bank it stays ₹2000. In a bank at 9% simple interest per year, how many rupees more will Meera have after 1 year?
9. 9.Kabir keeps ₹1200 in a bank. After 5 years the simple interest is ₹240. What is the rate of interest per year (in %)?
10. 10.Nisha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 6% simple interest per year, how many rupees more will Nisha have after 5 years?
11. 11.Kavya keeps ₹1300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
12. 12.Zoya keeps ₹1300 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
13. 13.Priya keeps ₹1100 in a bank. After 2 years the simple interest is ₹66. What is the rate of interest per year (in %)?
14. 14.₹1700 earns 4% simple interest per year. In how many years will the interest be ₹204?
15. 15.Zoya keeps ₹200 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
16. 16.₹400 earns 3% simple interest per year. In how many years will the interest be ₹48?
17. 17.Arjun keeps ₹1200 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
18. 18.Nisha keeps ₹2000 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
19. 19.₹1800 earns 7% simple interest per year. In how many years will the interest be ₹504?
20. 20.Nisha has ₹1900. In a piggy bank it stays ₹1900. In a bank at 2% simple interest per year, how many rupees more will Nisha have after 1 year?
21. 21.Karan keeps ₹1200 in a bank. After 1 year the simple interest is ₹96. What is the rate of interest per year (in %)?
22. 22.Diya keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
23. 23.Vivaan keeps ₹800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
24. 24.Aditya keeps ₹100 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
25. 25.Nisha keeps ₹800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
26. 26.Riya keeps ₹1100 in a bank. After 2 years the simple interest is ₹220. What is the rate of interest per year (in %)?
27. 27.Dev keeps ₹1700 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
28. 28.₹2000 earns 4% simple interest per year. In how many years will the interest be ₹240?
29. 29.₹400 earns 6% simple interest per year. In how many years will the interest be ₹120?
30. 30.Tara has ₹300. In a piggy bank it stays ₹300. In a bank at 6% simple interest per year, how many rupees more will Tara have after 4 years?
31. 31.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 9% simple interest per year, how many rupees more will Rohan have after 1 year?
32. 32.₹300 earns 5% simple interest per year. In how many years will the interest be ₹60?
33. 33.Rohan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 9% simple interest per year, how many rupees more will Rohan have after 2 years?
34. 34.Diya keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
35. 35.Priya keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
36. 36.Pooja keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
37. 37.Nisha keeps ₹700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
38. 38.Farhan keeps ₹1100 in a bank. After 1 year the simple interest is ₹110. What is the rate of interest per year (in %)?
39. 39.Zoya keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
40. 40.Gurpreet has ₹400. In a piggy bank it stays ₹400. In a bank at 4% simple interest per year, how many rupees more will Gurpreet have after 5 years?

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