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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 130 · 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.Pooja keeps ₹200 in a bank. After 5 years the simple interest is ₹20. What is the rate of interest per year (in %)?
  2. 2.Nisha keeps ₹300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.Rohan keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  4. 4.Ananya keeps ₹2000 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  5. 5.Lakshmi has ₹1600. In a piggy bank it stays ₹1600. In a bank at 8% simple interest per year, how many rupees more will Lakshmi have after 2 years?
  6. 6.Rohan keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  7. 7.Kabir has ₹200. In a piggy bank it stays ₹200. In a bank at 4% simple interest per year, how many rupees more will Kabir have after 5 years?
  8. 8.Lakshmi keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  9. 9.Gurpreet keeps ₹1300 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  10. 10.Karan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 5% simple interest per year, how many rupees more will Karan have after 2 years?
  11. 11.Meera has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Meera have after 4 years?
  12. 12.₹100 earns 4% simple interest per year. In how many years will the interest be ₹20?
  13. 13.Isha keeps ₹700 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  14. 14.Aditya keeps ₹100 in a bank. After 5 years the simple interest is ₹15. What is the rate of interest per year (in %)?
  15. 15.Saanvi has ₹1300. In a piggy bank it stays ₹1300. In a bank at 2% simple interest per year, how many rupees more will Saanvi have after 3 years?
  16. 16.Karan has ₹1500. In a piggy bank it stays ₹1500. In a bank at 5% simple interest per year, how many rupees more will Karan have after 1 year?
  17. 17.Nisha keeps ₹2000 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  18. 18.Ishaan keeps ₹2000 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  19. 19.Nisha keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  20. 20.Kabir keeps ₹1700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  21. 21.Lakshmi keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  22. 22.Kavya has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Kavya have after 3 years?
  23. 23.Gurpreet has ₹1700. In a piggy bank it stays ₹1700. In a bank at 4% simple interest per year, how many rupees more will Gurpreet have after 4 years?
  24. 24.Tara keeps ₹1900 in a bank. After 1 year the simple interest is ₹57. What is the rate of interest per year (in %)?
  25. 25.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹294?
  26. 26.₹400 earns 3% simple interest per year. In how many years will the interest be ₹60?
  27. 27.Manav keeps ₹2000 in a bank. After 4 years the simple interest is ₹720. What is the rate of interest per year (in %)?
  28. 28.Ananya keeps ₹100 in a bank. After 4 years the simple interest is ₹16. What is the rate of interest per year (in %)?
  29. 29.Lakshmi keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  30. 30.Gurpreet has ₹800. In a piggy bank it stays ₹800. In a bank at 6% simple interest per year, how many rupees more will Gurpreet have after 4 years?
  31. 31.Riya has ₹400. In a piggy bank it stays ₹400. In a bank at 2% simple interest per year, how many rupees more will Riya have after 4 years?
  32. 32.Meera has ₹1600. In a piggy bank it stays ₹1600. In a bank at 6% simple interest per year, how many rupees more will Meera have after 4 years?
  33. 33.Aarav keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  34. 34.Vivaan keeps ₹1600 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  35. 35.Aditya keeps ₹700 in a bank. After 4 years the simple interest is ₹168. What is the rate of interest per year (in %)?
  36. 36.Rohan keeps ₹100 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
  37. 37.₹700 earns 2% simple interest per year. In how many years will the interest be ₹70?
  38. 38.Karan has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Karan have after 5 years?
  39. 39.₹400 earns 3% simple interest per year. In how many years will the interest be ₹36?
  40. 40.Pooja keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?

Answer key

  1. 2
  2. 72
  3. 1836
  4. 800
  5. 256
  6. 135
  7. 40
  8. 324
  9. 182
  10. 170
  11. 120
  12. 5
  13. 980
  14. 3
  15. 78
  16. 75
  17. 3
  18. 40
  19. 1344
  20. 476
  21. 60
  22. 63
  23. 272
  24. 3
  25. 3
  26. 5
  27. 9
  28. 4
  29. 510
  30. 192
  31. 32
  32. 384
  33. 54
  34. 1920
  35. 6
  36. 6
  37. 5
  38. 200
  39. 3
  40. 1090

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