Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 176 · 40 sums

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).

1. 1.₹2000 earns 3% simple interest per year. In how many years will the interest be ₹120?
2. 2.₹300 earns 2% simple interest per year. In how many years will the interest be ₹18?
3. 3.Gurpreet keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
4. 4.Rahul keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
5. 5.Vivaan keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
6. 6.Aarav has ₹100. In a piggy bank it stays ₹100. In a bank at 7% simple interest per year, how many rupees more will Aarav have after 4 years?
7. 7.Rohan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 6% simple interest per year, how many rupees more will Rohan have after 1 year?
8. 8.Ishaan has ₹100. In a piggy bank it stays ₹100. In a bank at 9% simple interest per year, how many rupees more will Ishaan have after 4 years?
9. 9.Dev keeps ₹900 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
10. 10.Karan has ₹1800. In a piggy bank it stays ₹1800. In a bank at 5% simple interest per year, how many rupees more will Karan have after 3 years?
11. 11.Ishaan keeps ₹1800 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
12. 12.Manav has ₹1500. In a piggy bank it stays ₹1500. In a bank at 3% simple interest per year, how many rupees more will Manav have after 5 years?
13. 13.₹300 earns 7% simple interest per year. In how many years will the interest be ₹21?
14. 14.Ishaan keeps ₹1300 in a bank. After 2 years the simple interest is ₹156. What is the rate of interest per year (in %)?
15. 15.Riya keeps ₹1500 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
16. 16.Ananya keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
17. 17.Saanvi keeps ₹1700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
18. 18.₹1300 earns 9% simple interest per year. In how many years will the interest be ₹468?
19. 19.₹300 earns 9% simple interest per year. In how many years will the interest be ₹108?
20. 20.₹1600 earns 7% simple interest per year. In how many years will the interest be ₹336?
21. 21.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Arjun have after 2 years?
22. 22.Dev keeps ₹100 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
23. 23.Lakshmi has ₹1100. In a piggy bank it stays ₹1100. In a bank at 4% simple interest per year, how many rupees more will Lakshmi have after 3 years?
24. 24.Arjun keeps ₹1900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
25. 25.Karan keeps ₹1100 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
26. 26.Kabir keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
27. 27.Karan keeps ₹1900 in a bank. After 2 years the simple interest is ₹190. What is the rate of interest per year (in %)?
28. 28.Arjun has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 5 years?
29. 29.₹100 earns 7% simple interest per year. In how many years will the interest be ₹21?
30. 30.Rahul keeps ₹1000 in a bank. After 1 year the simple interest is ₹90. What is the rate of interest per year (in %)?
31. 31.Diya keeps ₹400 in a bank. After 5 years the simple interest is ₹80. What is the rate of interest per year (in %)?
32. 32.Pooja keeps ₹1800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
33. 33.Riya has ₹100. In a piggy bank it stays ₹100. In a bank at 3% simple interest per year, how many rupees more will Riya have after 4 years?
34. 34.Kavya has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Kavya have after 2 years?
35. 35.Aarav keeps ₹400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
36. 36.Meera keeps ₹1900 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
37. 37.Ananya keeps ₹1400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
38. 38.Meera has ₹1400. In a piggy bank it stays ₹1400. In a bank at 2% simple interest per year, how many rupees more will Meera have after 2 years?
39. 39.Rohan keeps ₹200 in a bank. After 3 years the simple interest is ₹48. What is the rate of interest per year (in %)?
40. 40.Rohan keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?

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