Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 157 · 40 sums

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).

1. 1.Rohan keeps ₹2000 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
2. 2.₹500 earns 2% simple interest per year. In how many years will the interest be ₹20?
3. 3.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹432?
4. 4.Diya keeps ₹100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
5. 5.Aditya keeps ₹1300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
6. 6.Riya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 3% simple interest per year, how many rupees more will Riya have after 1 year?
7. 7.Lakshmi keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
8. 8.Karan keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
9. 9.Saanvi keeps ₹1600 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
10. 10.Karan keeps ₹1200 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
11. 11.Karan keeps ₹800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
12. 12.Ishaan keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
13. 13.Lakshmi keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
14. 14.Vivaan keeps ₹1200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
15. 15.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹128?
16. 16.₹600 earns 7% simple interest per year. In how many years will the interest be ₹168?
17. 17.Tara has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Tara have after 3 years?
18. 18.Aarav keeps ₹200 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
19. 19.₹700 earns 5% simple interest per year. In how many years will the interest be ₹140?
20. 20.Riya keeps ₹1200 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
21. 21.Manav has ₹1300. In a piggy bank it stays ₹1300. In a bank at 2% simple interest per year, how many rupees more will Manav have after 5 years?
22. 22.Farhan has ₹200. In a piggy bank it stays ₹200. In a bank at 4% simple interest per year, how many rupees more will Farhan have after 3 years?
23. 23.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹608?
24. 24.Farhan keeps ₹500 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
25. 25.Priya keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
26. 26.Saanvi keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
27. 27.Joseph keeps ₹300 in a bank. After 1 year the simple interest is ₹15. What is the rate of interest per year (in %)?
28. 28.Riya keeps ₹1700 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
29. 29.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹140?
30. 30.Priya keeps ₹1300 in a bank. After 2 years the simple interest is ₹156. What is the rate of interest per year (in %)?
31. 31.Rohan keeps ₹300 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
32. 32.₹400 earns 3% simple interest per year. In how many years will the interest be ₹48?
33. 33.₹300 earns 8% simple interest per year. In how many years will the interest be ₹72?
34. 34.Kavya keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
35. 35.Kabir keeps ₹100 in a bank. After 2 years the simple interest is ₹12. What is the rate of interest per year (in %)?
36. 36.Dev keeps ₹800 in a bank. After 2 years the simple interest is ₹144. What is the rate of interest per year (in %)?
37. 37.Vivaan keeps ₹200 in a bank. After 1 year the simple interest is ₹4. What is the rate of interest per year (in %)?
38. 38.Kavya keeps ₹1800 in a bank at 6% 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 8% simple interest per year, how many rupees more will Kabir have after 3 years?
40. 40.₹700 earns 10% simple interest per year. In how many years will the interest be ₹70?

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