← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 126 · 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.Saanvi keeps ₹100 in a bank. After 2 years the simple interest is ₹8. What is the rate of interest per year (in %)?
  2. 2.Farhan keeps ₹1900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  3. 3.₹500 earns 5% simple interest per year. In how many years will the interest be ₹25?
  4. 4.Zoya keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  5. 5.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹98?
  6. 6.Isha keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  7. 7.Lakshmi has ₹700. In a piggy bank it stays ₹700. In a bank at 7% simple interest per year, how many rupees more will Lakshmi have after 3 years?
  8. 8.Isha keeps ₹1300 in a bank. After 1 year the simple interest is ₹65. What is the rate of interest per year (in %)?
  9. 9.Priya has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Priya have after 2 years?
  10. 10.Tara has ₹1500. In a piggy bank it stays ₹1500. In a bank at 7% simple interest per year, how many rupees more will Tara have after 2 years?
  11. 11.Diya keeps ₹1900 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
  12. 12.Joseph keeps ₹1700 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  13. 13.Tara keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  14. 14.Pooja keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  15. 15.Isha keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
  16. 16.Gurpreet has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Gurpreet have after 4 years?
  17. 17.Priya keeps ₹200 in a bank. After 2 years the simple interest is ₹8. What is the rate of interest per year (in %)?
  18. 18.Tara keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  19. 19.Priya keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  20. 20.Gurpreet keeps ₹400 in a bank. After 3 years the simple interest is ₹84. What is the rate of interest per year (in %)?
  21. 21.Farhan keeps ₹2000 in a bank. After 2 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  22. 22.₹1500 earns 10% simple interest per year. In how many years will the interest be ₹450?
  23. 23.Rohan keeps ₹1500 in a bank. After 1 year the simple interest is ₹120. What is the rate of interest per year (in %)?
  24. 24.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹192?
  25. 25.Dev keeps ₹900 in a bank. After 5 years the simple interest is ₹225. What is the rate of interest per year (in %)?
  26. 26.Zoya keeps ₹900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  27. 27.Karan keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  28. 28.Tara has ₹1100. In a piggy bank it stays ₹1100. In a bank at 2% simple interest per year, how many rupees more will Tara have after 1 year?
  29. 29.Diya keeps ₹500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  30. 30.₹1700 earns 3% simple interest per year. In how many years will the interest be ₹51?
  31. 31.Karan has ₹1000. In a piggy bank it stays ₹1000. In a bank at 5% simple interest per year, how many rupees more will Karan have after 2 years?
  32. 32.Kabir has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Kabir have after 4 years?
  33. 33.Rahul has ₹1300. In a piggy bank it stays ₹1300. In a bank at 2% simple interest per year, how many rupees more will Rahul have after 1 year?
  34. 34.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹80?
  35. 35.Isha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 6% simple interest per year, how many rupees more will Isha have after 3 years?
  36. 36.₹1900 earns 6% simple interest per year. In how many years will the interest be ₹570?
  37. 37.Ananya keeps ₹500 in a bank. After 2 years the simple interest is ₹20. What is the rate of interest per year (in %)?
  38. 38.₹2000 earns 7% simple interest per year. In how many years will the interest be ₹280?
  39. 39.Isha keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  40. 40.Dev keeps ₹800 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?

Answer key

  1. 4
  2. 152
  3. 1
  4. 160
  5. 1
  6. 1856
  7. 147
  8. 5
  9. 10
  10. 210
  11. 2470
  12. 1853
  13. 1560
  14. 104
  15. 1820
  16. 48
  17. 2
  18. 480
  19. 2240
  20. 7
  21. 4
  22. 3
  23. 8
  24. 3
  25. 5
  26. 54
  27. 160
  28. 22
  29. 50
  30. 1
  31. 100
  32. 16
  33. 26
  34. 2
  35. 252
  36. 5
  37. 2
  38. 2
  39. 24
  40. 960

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