Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 159 · 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.Joseph has ₹800. In a piggy bank it stays ₹800. In a bank at 6% simple interest per year, how many rupees more will Joseph have after 3 years?
2. 2.Manav has ₹1100. In a piggy bank it stays ₹1100. In a bank at 10% simple interest per year, how many rupees more will Manav have after 1 year?
3. 3.Aarav keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
4. 4.Karan keeps ₹1100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
5. 5.Kavya keeps ₹100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
6. 6.Riya keeps ₹600 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
7. 7.Gurpreet has ₹1600. In a piggy bank it stays ₹1600. In a bank at 9% simple interest per year, how many rupees more will Gurpreet have after 5 years?
8. 8.Meera keeps ₹100 in a bank. After 4 years the simple interest is ₹32. What is the rate of interest per year (in %)?
9. 9.Rahul keeps ₹1300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
10. 10.Diya has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Diya have after 3 years?
11. 11.Riya has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Riya have after 4 years?
12. 12.Tara keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
13. 13.Rahul has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Rahul have after 1 year?
14. 14.Karan keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
15. 15.₹1900 earns 2% simple interest per year. In how many years will the interest be ₹38?
16. 16.Ishaan keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
17. 17.Rahul has ₹1200. In a piggy bank it stays ₹1200. In a bank at 10% simple interest per year, how many rupees more will Rahul have after 5 years?
18. 18.Ananya has ₹100. In a piggy bank it stays ₹100. In a bank at 6% simple interest per year, how many rupees more will Ananya have after 1 year?
19. 19.Ishaan keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
20. 20.Diya keeps ₹2000 in a bank. After 4 years the simple interest is ₹560. What is the rate of interest per year (in %)?
21. 21.Kavya keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
22. 22.Dev keeps ₹1300 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
23. 23.Lakshmi keeps ₹1400 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
24. 24.₹1600 earns 5% simple interest per year. In how many years will the interest be ₹400?
25. 25.Tara has ₹100. In a piggy bank it stays ₹100. In a bank at 10% simple interest per year, how many rupees more will Tara have after 2 years?
26. 26.Nisha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Nisha have after 5 years?
27. 27.Pooja keeps ₹500 in a bank. After 2 years the simple interest is ₹60. What is the rate of interest per year (in %)?
28. 28.₹600 earns 2% simple interest per year. In how many years will the interest be ₹48?
29. 29.₹200 earns 4% simple interest per year. In how many years will the interest be ₹32?
30. 30.Gurpreet keeps ₹1800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
31. 31.Isha has ₹1900. In a piggy bank it stays ₹1900. In a bank at 6% simple interest per year, how many rupees more will Isha have after 1 year?
32. 32.Ananya keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
33. 33.Rahul keeps ₹900 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
34. 34.Kavya keeps ₹400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
35. 35.Ishaan keeps ₹1000 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
36. 36.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 7% simple interest per year, how many rupees more will Rohan have after 2 years?
37. 37.Rahul keeps ₹700 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
38. 38.₹1800 earns 2% simple interest per year. In how many years will the interest be ₹36?
39. 39.Riya keeps ₹200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
40. 40.₹400 earns 7% simple interest per year. In how many years will the interest be ₹112?

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