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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 172 · 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 ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Arjun has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Arjun have after 4 years?
  3. 3.Gurpreet has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Gurpreet have after 2 years?
  4. 4.Kabir keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  5. 5.Nisha has ₹600. In a piggy bank it stays ₹600. In a bank at 3% simple interest per year, how many rupees more will Nisha have after 2 years?
  6. 6.Kabir keeps ₹300 in a bank. After 2 years the simple interest is ₹12. What is the rate of interest per year (in %)?
  7. 7.Sneha keeps ₹800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  8. 8.Ishaan has ₹600. In a piggy bank it stays ₹600. In a bank at 10% simple interest per year, how many rupees more will Ishaan have after 4 years?
  9. 9.Aarav has ₹700. In a piggy bank it stays ₹700. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 4 years?
  10. 10.Joseph keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  11. 11.Farhan has ₹500. In a piggy bank it stays ₹500. In a bank at 9% simple interest per year, how many rupees more will Farhan have after 2 years?
  12. 12.Ananya keeps ₹1800 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  13. 13.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹88?
  14. 14.Ananya keeps ₹1100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  15. 15.Lakshmi has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Lakshmi have after 5 years?
  16. 16.Nisha keeps ₹700 in a bank. After 5 years the simple interest is ₹105. What is the rate of interest per year (in %)?
  17. 17.Isha has ₹1600. In a piggy bank it stays ₹1600. In a bank at 8% simple interest per year, how many rupees more will Isha have after 3 years?
  18. 18.Vivaan keeps ₹1500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  19. 19.Aarav keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  20. 20.Lakshmi keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  21. 21.Priya keeps ₹300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  22. 22.Farhan has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Farhan have after 3 years?
  23. 23.Zoya has ₹800. In a piggy bank it stays ₹800. In a bank at 4% simple interest per year, how many rupees more will Zoya have after 3 years?
  24. 24.Kabir keeps ₹1900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  25. 25.Nisha keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  26. 26.Karan keeps ₹2000 in a bank. After 2 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  27. 27.Meera has ₹1000. In a piggy bank it stays ₹1000. In a bank at 7% simple interest per year, how many rupees more will Meera have after 5 years?
  28. 28.Aarav keeps ₹1900 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  29. 29.Sneha keeps ₹100 in a bank. After 5 years the simple interest is ₹50. What is the rate of interest per year (in %)?
  30. 30.Priya keeps ₹1000 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
  31. 31.Vivaan keeps ₹900 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  32. 32.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹720?
  33. 33.₹1700 earns 3% simple interest per year. In how many years will the interest be ₹102?
  34. 34.Isha has ₹100. In a piggy bank it stays ₹100. In a bank at 10% simple interest per year, how many rupees more will Isha have after 2 years?
  35. 35.Kabir keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  36. 36.Rohan keeps ₹1600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  37. 37.Sneha keeps ₹300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  38. 38.Zoya keeps ₹400 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  39. 39.Priya keeps ₹1600 in a bank. After 1 year the simple interest is ₹80. What is the rate of interest per year (in %)?
  40. 40.Zoya keeps ₹1900 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?

Answer key

  1. 6
  2. 192
  3. 42
  4. 280
  5. 36
  6. 2
  7. 144
  8. 240
  9. 56
  10. 220
  11. 90
  12. 1908
  13. 1
  14. 264
  15. 200
  16. 3
  17. 384
  18. 135
  19. 120
  20. 110
  21. 81
  22. 27
  23. 96
  24. 171
  25. 132
  26. 6
  27. 350
  28. 2470
  29. 10
  30. 1150
  31. 1215
  32. 5
  33. 2
  34. 20
  35. 7
  36. 336
  37. 120
  38. 480
  39. 5
  40. 2052

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