Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 120 · 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.₹600 earns 3% simple interest per year. In how many years will the interest be ₹18?
2. 2.Saanvi keeps ₹500 in a bank. After 3 years the simple interest is ₹45. What is the rate of interest per year (in %)?
3. 3.Dev keeps ₹300 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
4. 4.₹1100 earns 4% simple interest per year. In how many years will the interest be ₹220?
5. 5.Saanvi keeps ₹1500 in a bank. After 3 years the simple interest is ₹135. What is the rate of interest per year (in %)?
6. 6.₹1500 earns 6% simple interest per year. In how many years will the interest be ₹270?
7. 7.Tara keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
8. 8.Nisha keeps ₹1800 in a bank. After 4 years the simple interest is ₹432. What is the rate of interest per year (in %)?
9. 9.Tara keeps ₹2000 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
10. 10.Gurpreet keeps ₹1700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
11. 11.Riya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 5% simple interest per year, how many rupees more will Riya have after 4 years?
12. 12.Aarav keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
13. 13.Rahul keeps ₹1900 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
14. 14.Farhan keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
15. 15.₹500 earns 3% simple interest per year. In how many years will the interest be ₹15?
16. 16.₹900 earns 2% simple interest per year. In how many years will the interest be ₹54?
17. 17.Kabir keeps ₹1600 in a bank. After 5 years the simple interest is ₹400. What is the rate of interest per year (in %)?
18. 18.Aarav keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
19. 19.Pooja keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
20. 20.₹2000 earns 7% simple interest per year. In how many years will the interest be ₹700?
21. 21.Pooja has ₹100. In a piggy bank it stays ₹100. In a bank at 3% simple interest per year, how many rupees more will Pooja have after 4 years?
22. 22.Aarav keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
23. 23.Diya keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
24. 24.Nisha has ₹200. In a piggy bank it stays ₹200. In a bank at 5% simple interest per year, how many rupees more will Nisha have after 5 years?
25. 25.₹500 earns 4% simple interest per year. In how many years will the interest be ₹80?
26. 26.Lakshmi keeps ₹100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
27. 27.Rohan has ₹700. In a piggy bank it stays ₹700. In a bank at 10% simple interest per year, how many rupees more will Rohan have after 1 year?
28. 28.Tara keeps ₹1700 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
29. 29.Pooja keeps ₹1700 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
30. 30.Farhan keeps ₹1800 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
31. 31.Arjun has ₹1500. In a piggy bank it stays ₹1500. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 1 year?
32. 32.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹320?
33. 33.Joseph keeps ₹1600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
34. 34.Karan keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
35. 35.Pooja keeps ₹300 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
36. 36.Meera has ₹1000. In a piggy bank it stays ₹1000. In a bank at 5% simple interest per year, how many rupees more will Meera have after 3 years?
37. 37.Tara keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
38. 38.Nisha keeps ₹1000 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
39. 39.₹600 earns 7% simple interest per year. In how many years will the interest be ₹210?
40. 40.Riya keeps ₹1400 in a bank. After 2 years the simple interest is ₹224. What is the rate of interest per year (in %)?

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