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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 165 · 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.Kavya keeps ₹2000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Farhan keeps ₹1000 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  3. 3.Joseph keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  4. 4.Rohan keeps ₹1300 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  5. 5.Isha keeps ₹1400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  6. 6.Kabir keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  7. 7.₹100 earns 8% simple interest per year. In how many years will the interest be ₹8?
  8. 8.₹300 earns 10% simple interest per year. In how many years will the interest be ₹30?
  9. 9.Aditya keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.Sneha keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  11. 11.Nisha keeps ₹1400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.Rahul keeps ₹1100 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  13. 13.Arjun keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  14. 14.Pooja keeps ₹200 in a bank. After 5 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  15. 15.Aditya keeps ₹300 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  16. 16.Gurpreet keeps ₹1300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  17. 17.₹300 earns 6% simple interest per year. In how many years will the interest be ₹18?
  18. 18.Aarav keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  19. 19.Gurpreet keeps ₹700 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  20. 20.Ishaan keeps ₹1600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  21. 21.Rohan keeps ₹500 in a bank. After 3 years the simple interest is ₹105. What is the rate of interest per year (in %)?
  22. 22.Farhan keeps ₹1900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  23. 23.Zoya keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  24. 24.Rahul keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  25. 25.Nisha keeps ₹1200 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  26. 26.Farhan keeps ₹100 in a bank. After 2 years the simple interest is ₹14. What is the rate of interest per year (in %)?
  27. 27.Aditya keeps ₹700 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  28. 28.Aditya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 10% simple interest per year, how many rupees more will Aditya have after 2 years?
  29. 29.Ananya keeps ₹500 in a bank. After 2 years the simple interest is ₹50. What is the rate of interest per year (in %)?
  30. 30.₹100 earns 3% simple interest per year. In how many years will the interest be ₹9?
  31. 31.Priya keeps ₹1200 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  32. 32.Zoya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 4% simple interest per year, how many rupees more will Zoya have after 2 years?
  33. 33.Meera keeps ₹400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  34. 34.Meera has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Meera have after 5 years?
  35. 35.Riya keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  36. 36.Riya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Riya have after 4 years?
  37. 37.Joseph keeps ₹1700 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  38. 38.Kavya keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  39. 39.Rohan keeps ₹1000 in a bank. After 5 years the simple interest is ₹100. What is the rate of interest per year (in %)?
  40. 40.Gurpreet has ₹800. In a piggy bank it stays ₹800. In a bank at 8% simple interest per year, how many rupees more will Gurpreet have after 4 years?

Answer key

  1. 160
  2. 4
  3. 100
  4. 1651
  5. 224
  6. 140
  7. 1
  8. 1
  9. 120
  10. 80
  11. 98
  12. 1408
  13. 405
  14. 8
  15. 324
  16. 104
  17. 1
  18. 540
  19. 763
  20. 384
  21. 7
  22. 399
  23. 918
  24. 108
  25. 1536
  26. 7
  27. 756
  28. 240
  29. 5
  30. 3
  31. 1224
  32. 128
  33. 80
  34. 90
  35. 195
  36. 156
  37. 1819
  38. 2052
  39. 2
  40. 256

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