← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 185 · 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.Riya keeps ₹800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Gurpreet keeps ₹1100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  3. 3.Kavya keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  4. 4.₹900 earns 6% simple interest per year. In how many years will the interest be ₹270?
  5. 5.Lakshmi keeps ₹2000 in a bank. After 2 years the simple interest is ₹200. What is the rate of interest per year (in %)?
  6. 6.Rahul keeps ₹1800 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  7. 7.Gurpreet has ₹2000. In a piggy bank it stays ₹2000. In a bank at 3% simple interest per year, how many rupees more will Gurpreet have after 1 year?
  8. 8.Rahul keeps ₹400 in a bank. After 3 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  9. 9.Nisha keeps ₹1500 in a bank. After 4 years the simple interest is ₹300. What is the rate of interest per year (in %)?
  10. 10.Kabir keeps ₹1900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  11. 11.Karan keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  12. 12.Arjun keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  13. 13.₹100 earns 6% simple interest per year. In how many years will the interest be ₹12?
  14. 14.₹200 earns 8% simple interest per year. In how many years will the interest be ₹64?
  15. 15.₹1000 earns 3% simple interest per year. In how many years will the interest be ₹30?
  16. 16.₹1800 earns 3% simple interest per year. In how many years will the interest be ₹216?
  17. 17.Isha keeps ₹400 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  18. 18.Vivaan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 8% simple interest per year, how many rupees more will Vivaan have after 2 years?
  19. 19.₹1500 earns 4% simple interest per year. In how many years will the interest be ₹240?
  20. 20.Meera has ₹1300. In a piggy bank it stays ₹1300. In a bank at 4% simple interest per year, how many rupees more will Meera have after 5 years?
  21. 21.Rohan keeps ₹500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  22. 22.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹576?
  23. 23.Karan keeps ₹1300 in a bank. After 3 years the simple interest is ₹78. What is the rate of interest per year (in %)?
  24. 24.Rahul keeps ₹1000 in a bank. After 4 years the simple interest is ₹280. What is the rate of interest per year (in %)?
  25. 25.Vivaan keeps ₹1400 in a bank. After 2 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  26. 26.Meera keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.Pooja keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  28. 28.Rahul keeps ₹1100 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  29. 29.Aarav keeps ₹800 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  30. 30.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹170?
  31. 31.Rohan keeps ₹700 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  32. 32.Riya keeps ₹700 in a bank. After 3 years the simple interest is ₹63. What is the rate of interest per year (in %)?
  33. 33.Riya has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Riya have after 1 year?
  34. 34.Rahul has ₹1200. In a piggy bank it stays ₹1200. In a bank at 6% simple interest per year, how many rupees more will Rahul have after 2 years?
  35. 35.Nisha keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  36. 36.Kavya has ₹100. In a piggy bank it stays ₹100. In a bank at 3% simple interest per year, how many rupees more will Kavya have after 1 year?
  37. 37.Saanvi has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Saanvi have after 4 years?
  38. 38.Saanvi has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Saanvi have after 4 years?
  39. 39.Tara has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Tara have after 3 years?
  40. 40.Aarav keeps ₹1500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?

Answer key

  1. 80
  2. 220
  3. 28
  4. 5
  5. 5
  6. 2016
  7. 60
  8. 4
  9. 5
  10. 380
  11. 2240
  12. 136
  13. 2
  14. 4
  15. 1
  16. 4
  17. 36
  18. 272
  19. 4
  20. 260
  21. 225
  22. 4
  23. 2
  24. 7
  25. 4
  26. 14
  27. 270
  28. 1122
  29. 856
  30. 2
  31. 784
  32. 3
  33. 12
  34. 144
  35. 112
  36. 3
  37. 156
  38. 100
  39. 15
  40. 60

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