← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 17 · 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.Lakshmi keeps ₹800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Priya keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  3. 3.Pooja keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  4. 4.Priya keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  5. 5.Kavya keeps ₹1800 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  6. 6.Isha keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  7. 7.Meera has ₹1100. In a piggy bank it stays ₹1100. In a bank at 2% simple interest per year, how many rupees more will Meera have after 2 years?
  8. 8.Manav keeps ₹1600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
  9. 9.Pooja has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Pooja have after 1 year?
  10. 10.Isha keeps ₹1700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  11. 11.Ananya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 1 year?
  12. 12.Pooja keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  13. 13.Joseph keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  14. 14.Tara keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  15. 15.Ananya has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Ananya have after 4 years?
  16. 16.Pooja has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Pooja have after 2 years?
  17. 17.₹800 earns 7% simple interest per year. In how many years will the interest be ₹280?
  18. 18.Arjun has ₹800. In a piggy bank it stays ₹800. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 5 years?
  19. 19.Vivaan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 6% simple interest per year, how many rupees more will Vivaan have after 2 years?
  20. 20.Pooja keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  21. 21.₹1000 earns 7% simple interest per year. In how many years will the interest be ₹70?
  22. 22.Vivaan keeps ₹1500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
  23. 23.Vivaan keeps ₹700 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  24. 24.Manav has ₹800. In a piggy bank it stays ₹800. In a bank at 2% simple interest per year, how many rupees more will Manav have after 1 year?
  25. 25.Priya keeps ₹400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  26. 26.Aarav keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  27. 27.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹160?
  28. 28.Joseph keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  29. 29.Kavya keeps ₹500 in a bank. After 2 years the simple interest is ₹50. What is the rate of interest per year (in %)?
  30. 30.₹500 earns 7% simple interest per year. In how many years will the interest be ₹105?
  31. 31.Kabir has ₹1700. In a piggy bank it stays ₹1700. In a bank at 4% simple interest per year, how many rupees more will Kabir have after 3 years?
  32. 32.₹400 earns 3% simple interest per year. In how many years will the interest be ₹24?
  33. 33.Pooja has ₹1800. In a piggy bank it stays ₹1800. In a bank at 9% simple interest per year, how many rupees more will Pooja have after 3 years?
  34. 34.Dev keeps ₹1100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  35. 35.₹400 earns 5% simple interest per year. In how many years will the interest be ₹40?
  36. 36.Arjun keeps ₹1400 in a bank. After 4 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  37. 37.Farhan keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  38. 38.Rohan keeps ₹200 in a bank. After 4 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  39. 39.Aarav keeps ₹100 in a bank. After 3 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  40. 40.Ananya keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?

Answer key

  1. 56
  2. 56
  3. 36
  4. 1870
  5. 1926
  6. 192
  7. 44
  8. 560
  9. 27
  10. 85
  11. 76
  12. 90
  13. 120
  14. 768
  15. 48
  16. 18
  17. 5
  18. 360
  19. 204
  20. 180
  21. 1
  22. 180
  23. 1050
  24. 16
  25. 180
  26. 360
  27. 1
  28. 250
  29. 5
  30. 3
  31. 204
  32. 2
  33. 486
  34. 66
  35. 2
  36. 2
  37. 1030
  38. 5
  39. 8
  40. 240

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