← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 164 · 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.Dev keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  2. 2.Dev keeps ₹500 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  3. 3.Gurpreet keeps ₹1400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  4. 4.Riya keeps ₹500 in a bank. After 2 years the simple interest is ₹100. What is the rate of interest per year (in %)?
  5. 5.Aditya keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  6. 6.Sneha keeps ₹1500 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  7. 7.Aditya has ₹100. In a piggy bank it stays ₹100. In a bank at 7% simple interest per year, how many rupees more will Aditya have after 3 years?
  8. 8.Ishaan has ₹100. In a piggy bank it stays ₹100. In a bank at 10% simple interest per year, how many rupees more will Ishaan have after 2 years?
  9. 9.Nisha has ₹1700. In a piggy bank it stays ₹1700. In a bank at 4% simple interest per year, how many rupees more will Nisha have after 4 years?
  10. 10.Meera keeps ₹700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  11. 11.Ishaan keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  12. 12.Lakshmi keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  13. 13.Nisha keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  14. 14.Dev keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  15. 15.Lakshmi keeps ₹2000 in a bank. After 5 years the simple interest is ₹700. What is the rate of interest per year (in %)?
  16. 16.Rohan keeps ₹800 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  17. 17.Meera keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  18. 18.Ananya keeps ₹1000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  19. 19.Farhan keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  20. 20.Priya has ₹300. In a piggy bank it stays ₹300. In a bank at 2% simple interest per year, how many rupees more will Priya have after 2 years?
  21. 21.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹700?
  22. 22.Isha keeps ₹1300 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  23. 23.Joseph keeps ₹700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  24. 24.Riya keeps ₹1700 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  25. 25.Ishaan has ₹300. In a piggy bank it stays ₹300. In a bank at 6% simple interest per year, how many rupees more will Ishaan have after 2 years?
  26. 26.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?
  27. 27.Arjun keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  28. 28.Ishaan keeps ₹500 in a bank. After 5 years the simple interest is ₹150. What is the rate of interest per year (in %)?
  29. 29.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹98?
  30. 30.Sneha keeps ₹1300 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  31. 31.Manav keeps ₹300 in a bank. After 3 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  32. 32.Lakshmi has ₹1500. In a piggy bank it stays ₹1500. In a bank at 10% simple interest per year, how many rupees more will Lakshmi have after 4 years?
  33. 33.Kabir keeps ₹400 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  34. 34.Riya keeps ₹1500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  35. 35.Priya has ₹900. In a piggy bank it stays ₹900. In a bank at 2% simple interest per year, how many rupees more will Priya have after 4 years?
  36. 36.Pooja has ₹100. In a piggy bank it stays ₹100. In a bank at 8% simple interest per year, how many rupees more will Pooja have after 2 years?
  37. 37.₹1500 earns 2% simple interest per year. In how many years will the interest be ₹30?
  38. 38.Aditya keeps ₹800 in a bank. After 4 years the simple interest is ₹224. What is the rate of interest per year (in %)?
  39. 39.₹1500 earns 9% simple interest per year. In how many years will the interest be ₹675?
  40. 40.Ananya keeps ₹1100 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?

Answer key

  1. 640
  2. 590
  3. 420
  4. 10
  5. 1512
  6. 1605
  7. 21
  8. 20
  9. 272
  10. 126
  11. 120
  12. 106
  13. 90
  14. 72
  15. 7
  16. 848
  17. 140
  18. 140
  19. 2480
  20. 12
  21. 5
  22. 1404
  23. 28
  24. 1972
  25. 36
  26. 63
  27. 108
  28. 6
  29. 1
  30. 1456
  31. 8
  32. 600
  33. 9
  34. 135
  35. 72
  36. 16
  37. 1
  38. 7
  39. 5
  40. 1364

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