Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 114 · 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.Kavya keeps ₹1000 in a bank. After 4 years the simple interest is ₹360. What is the rate of interest per year (in %)?
2. 2.₹1600 earns 10% simple interest per year. In how many years will the interest be ₹160?
3. 3.Riya keeps ₹400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
4. 4.Rahul has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Rahul have after 1 year?
5. 5.Arjun keeps ₹100 in a bank. After 4 years the simple interest is ₹20. What is the rate of interest per year (in %)?
6. 6.Karan keeps ₹700 in a bank. After 5 years the simple interest is ₹70. What is the rate of interest per year (in %)?
7. 7.Ishaan has ₹2000. In a piggy bank it stays ₹2000. In a bank at 8% simple interest per year, how many rupees more will Ishaan have after 3 years?
8. 8.Riya keeps ₹2000 in a bank. After 4 years the simple interest is ₹800. What is the rate of interest per year (in %)?
9. 9.Diya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 5% simple interest per year, how many rupees more will Diya have after 4 years?
10. 10.Manav keeps ₹1000 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
11. 11.₹700 earns 2% simple interest per year. In how many years will the interest be ₹70?
12. 12.Gurpreet keeps ₹400 in a bank. After 3 years the simple interest is ₹24. What is the rate of interest per year (in %)?
13. 13.Diya keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
14. 14.₹800 earns 7% simple interest per year. In how many years will the interest be ₹168?
15. 15.Aarav keeps ₹500 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?
16. 16.Zoya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 4% simple interest per year, how many rupees more will Zoya have after 1 year?
17. 17.Meera keeps ₹1200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
18. 18.Zoya keeps ₹200 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
19. 19.Pooja keeps ₹1800 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
20. 20.Ananya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 8% simple interest per year, how many rupees more will Ananya have after 1 year?
21. 21.Karan keeps ₹1500 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
22. 22.Meera has ₹800. In a piggy bank it stays ₹800. In a bank at 7% simple interest per year, how many rupees more will Meera have after 2 years?
23. 23.Manav has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Manav have after 4 years?
24. 24.₹700 earns 3% simple interest per year. In how many years will the interest be ₹84?
25. 25.Rahul has ₹500. In a piggy bank it stays ₹500. In a bank at 4% simple interest per year, how many rupees more will Rahul have after 5 years?
26. 26.Aarav keeps ₹800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
27. 27.Ishaan keeps ₹1200 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
28. 28.₹1100 earns 4% simple interest per year. In how many years will the interest be ₹88?
29. 29.₹500 earns 4% simple interest per year. In how many years will the interest be ₹20?
30. 30.Nisha keeps ₹700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
31. 31.Pooja keeps ₹1900 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
32. 32.Farhan keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
33. 33.Ananya keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
34. 34.Ananya has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Ananya have after 4 years?
35. 35.₹1100 earns 6% simple interest per year. In how many years will the interest be ₹66?
36. 36.Saanvi keeps ₹300 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
37. 37.Aarav keeps ₹400 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
38. 38.Kavya keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
39. 39.₹1300 earns 4% simple interest per year. In how many years will the interest be ₹208?
40. 40.Aarav keeps ₹1200 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?

Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids