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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 149 · 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).

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  1. 1.Riya keeps ₹100 in a bank. After 4 years the simple interest is ₹12. What is the rate of interest per year (in %)?
  2. 2.Diya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 9% simple interest per year, how many rupees more will Diya have after 1 year?
  3. 3.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹520?
  4. 4.₹1000 earns 7% simple interest per year. In how many years will the interest be ₹210?
  5. 5.Farhan keeps ₹900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  6. 6.Diya keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  7. 7.Tara has ₹2000. In a piggy bank it stays ₹2000. In a bank at 10% simple interest per year, how many rupees more will Tara have after 3 years?
  8. 8.Isha keeps ₹1300 in a bank. After 5 years the simple interest is ₹260. What is the rate of interest per year (in %)?
  9. 9.Karan keeps ₹1000 in a bank. After 5 years the simple interest is ₹300. What is the rate of interest per year (in %)?
  10. 10.Arjun keeps ₹500 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  11. 11.Ananya keeps ₹300 in a bank. After 3 years the simple interest is ₹54. What is the rate of interest per year (in %)?
  12. 12.Ananya keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  13. 13.₹300 earns 5% simple interest per year. In how many years will the interest be ₹60?
  14. 14.Kavya keeps ₹300 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  15. 15.Aditya keeps ₹900 in a bank. After 4 years the simple interest is ₹288. What is the rate of interest per year (in %)?
  16. 16.Saanvi keeps ₹1100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  17. 17.Arjun keeps ₹1100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  18. 18.Lakshmi keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  19. 19.Kavya keeps ₹1400 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  20. 20.Joseph keeps ₹1200 in a bank. After 5 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  21. 21.₹1500 earns 3% simple interest per year. In how many years will the interest be ₹90?
  22. 22.Farhan keeps ₹1000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  23. 23.Rohan keeps ₹700 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  24. 24.₹1200 earns 8% simple interest per year. In how many years will the interest be ₹192?
  25. 25.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 5 years?
  26. 26.₹900 earns 4% simple interest per year. In how many years will the interest be ₹144?
  27. 27.Gurpreet keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  28. 28.Aarav keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  29. 29.₹1600 earns 5% simple interest per year. In how many years will the interest be ₹240?
  30. 30.Sneha keeps ₹1800 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  31. 31.Manav keeps ₹800 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  32. 32.₹200 earns 7% simple interest per year. In how many years will the interest be ₹70?
  33. 33.₹800 earns 2% simple interest per year. In how many years will the interest be ₹80?
  34. 34.Sneha keeps ₹1500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  35. 35.Arjun keeps ₹300 in a bank. After 1 year the simple interest is ₹27. What is the rate of interest per year (in %)?
  36. 36.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹480?
  37. 37.Nisha keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  38. 38.Nisha keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  39. 39.Manav keeps ₹700 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  40. 40.Saanvi keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?

Answer key

  1. 3
  2. 117
  3. 5
  4. 3
  5. 108
  6. 100
  7. 600
  8. 4
  9. 6
  10. 580
  11. 6
  12. 109
  13. 4
  14. 372
  15. 8
  16. 88
  17. 44
  18. 868
  19. 1526
  20. 3
  21. 2
  22. 160
  23. 714
  24. 2
  25. 540
  26. 4
  27. 340
  28. 104
  29. 3
  30. 2430
  31. 840
  32. 5
  33. 5
  34. 1575
  35. 9
  36. 3
  37. 372
  38. 800
  39. 770
  40. 480

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