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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 192 · 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.Sneha keeps ₹1100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  2. 2.Arjun keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  3. 3.₹300 earns 8% simple interest per year. In how many years will the interest be ₹48?
  4. 4.Ananya has ₹200. In a piggy bank it stays ₹200. In a bank at 3% simple interest per year, how many rupees more will Ananya have after 2 years?
  5. 5.Joseph keeps ₹2000 in a bank. After 4 years the simple interest is ₹560. What is the rate of interest per year (in %)?
  6. 6.Pooja has ₹1700. In a piggy bank it stays ₹1700. In a bank at 5% simple interest per year, how many rupees more will Pooja have after 3 years?
  7. 7.Ananya keeps ₹500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  8. 8.Aarav has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 2 years?
  9. 9.Farhan keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  10. 10.Pooja keeps ₹1200 in a bank. After 4 years the simple interest is ₹288. What is the rate of interest per year (in %)?
  11. 11.Farhan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 10% simple interest per year, how many rupees more will Farhan have after 2 years?
  12. 12.Aditya has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Aditya have after 3 years?
  13. 13.Joseph keeps ₹400 in a bank. After 5 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  14. 14.Kabir has ₹900. In a piggy bank it stays ₹900. In a bank at 6% simple interest per year, how many rupees more will Kabir have after 5 years?
  15. 15.Lakshmi keeps ₹1700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  16. 16.Manav keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  17. 17.₹200 earns 10% simple interest per year. In how many years will the interest be ₹20?
  18. 18.Arjun keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  19. 19.Kabir keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  20. 20.Ishaan has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Ishaan have after 1 year?
  21. 21.Arjun keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  22. 22.Karan keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  23. 23.Priya has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Priya have after 3 years?
  24. 24.Meera keeps ₹1500 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  25. 25.Aarav keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  26. 26.₹200 earns 7% simple interest per year. In how many years will the interest be ₹56?
  27. 27.Sneha keeps ₹800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  28. 28.₹1500 earns 6% simple interest per year. In how many years will the interest be ₹360?
  29. 29.₹700 earns 6% simple interest per year. In how many years will the interest be ₹126?
  30. 30.Gurpreet has ₹800. In a piggy bank it stays ₹800. In a bank at 4% simple interest per year, how many rupees more will Gurpreet have after 2 years?
  31. 31.Isha keeps ₹1400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
  32. 32.₹600 earns 6% simple interest per year. In how many years will the interest be ₹72?
  33. 33.Rohan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 7% simple interest per year, how many rupees more will Rohan have after 1 year?
  34. 34.Isha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Isha have after 3 years?
  35. 35.₹500 earns 9% simple interest per year. In how many years will the interest be ₹90?
  36. 36.Saanvi keeps ₹1500 in a bank. After 5 years the simple interest is ₹525. What is the rate of interest per year (in %)?
  37. 37.Arjun keeps ₹1200 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  38. 38.₹300 earns 9% simple interest per year. In how many years will the interest be ₹108?
  39. 39.Isha keeps ₹1000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  40. 40.Farhan has ₹500. In a piggy bank it stays ₹500. In a bank at 3% simple interest per year, how many rupees more will Farhan have after 4 years?

Answer key

  1. 110
  2. 60
  3. 2
  4. 12
  5. 7
  6. 255
  7. 120
  8. 96
  9. 200
  10. 6
  11. 240
  12. 189
  13. 2
  14. 270
  15. 170
  16. 297
  17. 1
  18. 900
  19. 1890
  20. 12
  21. 160
  22. 96
  23. 120
  24. 1920
  25. 21
  26. 4
  27. 240
  28. 4
  29. 3
  30. 64
  31. 490
  32. 2
  33. 84
  34. 120
  35. 2
  36. 7
  37. 1368
  38. 4
  39. 30
  40. 60

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