← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 115 · 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.₹400 earns 7% simple interest per year. In how many years will the interest be ₹112?
  2. 2.Pooja has ₹700. In a piggy bank it stays ₹700. In a bank at 5% simple interest per year, how many rupees more will Pooja have after 3 years?
  3. 3.Ananya keeps ₹1300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  4. 4.Rahul keeps ₹1500 in a bank. After 2 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  5. 5.Manav keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  6. 6.Aditya has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Aditya have after 5 years?
  7. 7.Isha keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  8. 8.Isha keeps ₹800 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  9. 9.Riya keeps ₹800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.Joseph keeps ₹1900 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  11. 11.₹1800 earns 5% simple interest per year. In how many years will the interest be ₹270?
  12. 12.Diya has ₹400. In a piggy bank it stays ₹400. In a bank at 5% simple interest per year, how many rupees more will Diya have after 4 years?
  13. 13.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹85?
  14. 14.Kabir keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  15. 15.Lakshmi keeps ₹1500 in a bank. After 1 year the simple interest is ₹60. What is the rate of interest per year (in %)?
  16. 16.₹800 earns 2% simple interest per year. In how many years will the interest be ₹32?
  17. 17.Rahul keeps ₹1600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  18. 18.Dev keeps ₹1200 in a bank. After 3 years the simple interest is ₹252. What is the rate of interest per year (in %)?
  19. 19.Dev has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Dev have after 2 years?
  20. 20.Rohan has ₹200. In a piggy bank it stays ₹200. In a bank at 3% simple interest per year, how many rupees more will Rohan have after 2 years?
  21. 21.Diya keeps ₹500 in a bank. After 3 years the simple interest is ₹75. What is the rate of interest per year (in %)?
  22. 22.Ananya keeps ₹800 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  23. 23.Priya keeps ₹200 in a bank. After 1 year the simple interest is ₹20. What is the rate of interest per year (in %)?
  24. 24.Dev keeps ₹300 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  25. 25.Riya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 4% simple interest per year, how many rupees more will Riya have after 2 years?
  26. 26.Riya keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  27. 27.Karan has ₹100. In a piggy bank it stays ₹100. In a bank at 2% simple interest per year, how many rupees more will Karan have after 4 years?
  28. 28.Sneha keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  29. 29.Nisha keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  30. 30.Rahul keeps ₹1800 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  31. 31.Tara has ₹1500. In a piggy bank it stays ₹1500. In a bank at 10% simple interest per year, how many rupees more will Tara have after 4 years?
  32. 32.₹900 earns 4% simple interest per year. In how many years will the interest be ₹144?
  33. 33.₹600 earns 9% simple interest per year. In how many years will the interest be ₹162?
  34. 34.₹1800 earns 9% simple interest per year. In how many years will the interest be ₹648?
  35. 35.Aditya keeps ₹200 in a bank. After 4 years the simple interest is ₹64. What is the rate of interest per year (in %)?
  36. 36.Arjun keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  37. 37.Kabir has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Kabir have after 2 years?
  38. 38.Rohan keeps ₹400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹288?
  40. 40.Sneha has ₹1800. In a piggy bank it stays ₹1800. In a bank at 7% simple interest per year, how many rupees more will Sneha have after 5 years?

Answer key

  1. 4
  2. 105
  3. 104
  4. 8
  5. 56
  6. 20
  7. 1344
  8. 872
  9. 48
  10. 1995
  11. 3
  12. 80
  13. 1
  14. 42
  15. 4
  16. 2
  17. 256
  18. 7
  19. 54
  20. 12
  21. 5
  22. 144
  23. 10
  24. 348
  25. 96
  26. 2413
  27. 8
  28. 65
  29. 106
  30. 2160
  31. 600
  32. 4
  33. 3
  34. 4
  35. 8
  36. 2
  37. 72
  38. 40
  39. 2
  40. 630

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