← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 121 · 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.Rahul keeps ₹800 in a bank. After 1 year the simple interest is ₹64. What is the rate of interest per year (in %)?
  2. 2.Arjun keeps ₹300 in a bank. After 1 year the simple interest is ₹9. What is the rate of interest per year (in %)?
  3. 3.Vivaan keeps ₹1100 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  4. 4.Kavya has ₹800. In a piggy bank it stays ₹800. In a bank at 5% simple interest per year, how many rupees more will Kavya have after 3 years?
  5. 5.Riya has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Riya have after 1 year?
  6. 6.Aarav has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 3 years?
  7. 7.Dev has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Dev have after 2 years?
  8. 8.Isha keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  9. 9.₹200 earns 10% simple interest per year. In how many years will the interest be ₹40?
  10. 10.Nisha has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Nisha have after 2 years?
  11. 11.Lakshmi keeps ₹1700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  12. 12.Farhan keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  13. 13.Arjun keeps ₹1000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  14. 14.Saanvi has ₹2000. In a piggy bank it stays ₹2000. In a bank at 3% simple interest per year, how many rupees more will Saanvi have after 5 years?
  15. 15.Gurpreet keeps ₹300 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
  16. 16.Rohan has ₹600. In a piggy bank it stays ₹600. In a bank at 9% simple interest per year, how many rupees more will Rohan have after 1 year?
  17. 17.Rahul keeps ₹200 in a bank. After 4 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  18. 18.Aarav keeps ₹600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  19. 19.Isha keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  20. 20.Rahul keeps ₹1100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  21. 21.Rahul keeps ₹200 in a bank. After 5 years the simple interest is ₹100. What is the rate of interest per year (in %)?
  22. 22.₹100 earns 4% simple interest per year. In how many years will the interest be ₹4?
  23. 23.Meera keeps ₹1800 in a bank. After 2 years the simple interest is ₹108. What is the rate of interest per year (in %)?
  24. 24.Zoya keeps ₹2000 in a bank. After 5 years the simple interest is ₹1000. What is the rate of interest per year (in %)?
  25. 25.₹1700 earns 7% simple interest per year. In how many years will the interest be ₹119?
  26. 26.₹700 earns 8% simple interest per year. In how many years will the interest be ₹280?
  27. 27.Karan keeps ₹1100 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  28. 28.Rohan keeps ₹1900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  29. 29.Meera has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Meera have after 1 year?
  30. 30.Sneha keeps ₹1600 in a bank. After 5 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  31. 31.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹24?
  32. 32.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹112?
  33. 33.₹100 earns 3% simple interest per year. In how many years will the interest be ₹15?
  34. 34.₹700 earns 7% simple interest per year. In how many years will the interest be ₹245?
  35. 35.Arjun has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 2 years?
  36. 36.Zoya keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  37. 37.Tara keeps ₹1400 in a bank. After 4 years the simple interest is ₹280. What is the rate of interest per year (in %)?
  38. 38.Rahul keeps ₹1900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  39. 39.Kabir has ₹900. In a piggy bank it stays ₹900. In a bank at 2% simple interest per year, how many rupees more will Kabir have after 3 years?
  40. 40.Riya keeps ₹1800 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?

Answer key

  1. 8
  2. 3
  3. 1265
  4. 120
  5. 21
  6. 27
  7. 72
  8. 20
  9. 2
  10. 176
  11. 204
  12. 1180
  13. 200
  14. 300
  15. 4
  16. 54
  17. 3
  18. 84
  19. 42
  20. 264
  21. 10
  22. 1
  23. 3
  24. 10
  25. 1
  26. 5
  27. 1166
  28. 399
  29. 10
  30. 3
  31. 1
  32. 4
  33. 5
  34. 5
  35. 160
  36. 424
  37. 5
  38. 133
  39. 54
  40. 1962

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