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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 171 · 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).

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  1. 1.Kabir keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  2. 2.Riya has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Riya have after 1 year?
  3. 3.Meera keeps ₹1300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  4. 4.Arjun has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 2 years?
  5. 5.Kabir keeps ₹2000 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  6. 6.Lakshmi keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  7. 7.Kavya keeps ₹1900 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  8. 8.₹1800 earns 4% simple interest per year. In how many years will the interest be ₹216?
  9. 9.Sneha keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  10. 10.Lakshmi has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Lakshmi have after 4 years?
  11. 11.Farhan keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  12. 12.Rohan keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  13. 13.Gurpreet has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Gurpreet have after 1 year?
  14. 14.Kabir keeps ₹1300 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  15. 15.Ananya has ₹100. In a piggy bank it stays ₹100. In a bank at 9% simple interest per year, how many rupees more will Ananya have after 4 years?
  16. 16.Diya keeps ₹500 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  17. 17.Kabir keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  18. 18.Karan keeps ₹100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  19. 19.Diya has ₹300. In a piggy bank it stays ₹300. In a bank at 4% simple interest per year, how many rupees more will Diya have after 3 years?
  20. 20.Aarav has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 4 years?
  21. 21.Riya keeps ₹1100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  22. 22.₹400 earns 4% simple interest per year. In how many years will the interest be ₹32?
  23. 23.Zoya keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  24. 24.₹1600 earns 8% simple interest per year. In how many years will the interest be ₹256?
  25. 25.Meera keeps ₹300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  26. 26.Priya keeps ₹1300 in a bank. After 3 years the simple interest is ₹312. What is the rate of interest per year (in %)?
  27. 27.Nisha has ₹1500. In a piggy bank it stays ₹1500. In a bank at 8% simple interest per year, how many rupees more will Nisha have after 1 year?
  28. 28.Dev has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Dev have after 5 years?
  29. 29.Dev keeps ₹1500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  30. 30.Joseph keeps ₹1200 in a bank. After 2 years the simple interest is ₹216. What is the rate of interest per year (in %)?
  31. 31.Manav keeps ₹400 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  32. 32.Ananya keeps ₹800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  33. 33.Farhan keeps ₹900 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  34. 34.Zoya keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  35. 35.Karan keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  36. 36.Priya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Priya have after 5 years?
  37. 37.Karan keeps ₹1100 in a bank. After 3 years the simple interest is ₹198. What is the rate of interest per year (in %)?
  38. 38.Rohan keeps ₹1300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.₹2000 earns 5% simple interest per year. In how many years will the interest be ₹400?
  40. 40.Rahul has ₹900. In a piggy bank it stays ₹900. In a bank at 9% simple interest per year, how many rupees more will Rahul have after 2 years?

Answer key

  1. 412
  2. 12
  3. 390
  4. 80
  5. 2400
  6. 150
  7. 1957
  8. 3
  9. 618
  10. 120
  11. 100
  12. 30
  13. 72
  14. 1404
  15. 36
  16. 8
  17. 495
  18. 30
  19. 36
  20. 108
  21. 220
  22. 2
  23. 192
  24. 2
  25. 90
  26. 8
  27. 120
  28. 180
  29. 315
  30. 9
  31. 600
  32. 96
  33. 945
  34. 180
  35. 1792
  36. 170
  37. 6
  38. 104
  39. 4
  40. 162

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