← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 140 · 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.Kabir keeps ₹1100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  2. 2.Lakshmi keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  3. 3.Karan keeps ₹900 in a bank. After 5 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  4. 4.Arjun has ₹1500. In a piggy bank it stays ₹1500. In a bank at 7% simple interest per year, how many rupees more will Arjun have after 2 years?
  5. 5.Vivaan keeps ₹1800 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  6. 6.Diya keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  7. 7.Manav keeps ₹1600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  8. 8.₹1000 earns 6% simple interest per year. In how many years will the interest be ₹120?
  9. 9.Kabir keeps ₹1600 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  10. 10.₹1500 earns 4% simple interest per year. In how many years will the interest be ₹240?
  11. 11.Zoya keeps ₹1400 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  12. 12.Aditya keeps ₹1500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  13. 13.Tara keeps ₹600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  14. 14.Ishaan keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  15. 15.₹1900 earns 2% simple interest per year. In how many years will the interest be ₹38?
  16. 16.Joseph has ₹1100. In a piggy bank it stays ₹1100. In a bank at 2% simple interest per year, how many rupees more will Joseph have after 5 years?
  17. 17.Kavya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 3% simple interest per year, how many rupees more will Kavya have after 1 year?
  18. 18.₹1900 earns 2% simple interest per year. In how many years will the interest be ₹152?
  19. 19.Rahul keeps ₹1300 in a bank. After 4 years the simple interest is ₹364. What is the rate of interest per year (in %)?
  20. 20.Kabir keeps ₹1800 in a bank. After 5 years the simple interest is ₹720. What is the rate of interest per year (in %)?
  21. 21.₹900 earns 6% simple interest per year. In how many years will the interest be ₹216?
  22. 22.Aditya keeps ₹1000 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  23. 23.Kavya keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  24. 24.₹1200 earns 5% simple interest per year. In how many years will the interest be ₹240?
  25. 25.Tara keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  26. 26.₹500 earns 7% simple interest per year. In how many years will the interest be ₹140?
  27. 27.Diya has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Diya have after 3 years?
  28. 28.Meera keeps ₹2000 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  29. 29.₹200 earns 3% simple interest per year. In how many years will the interest be ₹30?
  30. 30.Rahul has ₹700. In a piggy bank it stays ₹700. In a bank at 9% simple interest per year, how many rupees more will Rahul have after 4 years?
  31. 31.Karan keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  32. 32.₹1500 earns 2% simple interest per year. In how many years will the interest be ₹30?
  33. 33.Isha keeps ₹1700 in a bank. After 4 years the simple interest is ₹476. What is the rate of interest per year (in %)?
  34. 34.₹400 earns 3% simple interest per year. In how many years will the interest be ₹12?
  35. 35.Aarav has ₹1800. In a piggy bank it stays ₹1800. In a bank at 6% simple interest per year, how many rupees more will Aarav have after 3 years?
  36. 36.₹400 earns 6% simple interest per year. In how many years will the interest be ₹72?
  37. 37.Kavya keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  38. 38.Karan keeps ₹1300 in a bank. After 5 years the simple interest is ₹520. What is the rate of interest per year (in %)?
  39. 39.₹2000 earns 10% simple interest per year. In how many years will the interest be ₹200?
  40. 40.Gurpreet keeps ₹800 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?

Answer key

  1. 44
  2. 100
  3. 2
  4. 210
  5. 2448
  6. 800
  7. 96
  8. 2
  9. 1888
  10. 4
  11. 1428
  12. 90
  13. 42
  14. 1872
  15. 1
  16. 110
  17. 45
  18. 4
  19. 7
  20. 8
  21. 4
  22. 80
  23. 2584
  24. 4
  25. 72
  26. 4
  27. 108
  28. 2360
  29. 5
  30. 252
  31. 30
  32. 1
  33. 7
  34. 1
  35. 324
  36. 3
  37. 112
  38. 8
  39. 1
  40. 1088

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