Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 196 · 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.Kavya keeps ₹300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
2. 2.Diya keeps ₹400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
3. 3.₹400 earns 10% simple interest per year. In how many years will the interest be ₹120?
4. 4.Pooja has ₹1600. In a piggy bank it stays ₹1600. In a bank at 6% simple interest per year, how many rupees more will Pooja have after 2 years?
5. 5.Aarav keeps ₹1200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
6. 6.Lakshmi keeps ₹900 in a bank. After 1 year the simple interest is ₹27. What is the rate of interest per year (in %)?
7. 7.Lakshmi keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
8. 8.Lakshmi keeps ₹400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
9. 9.Zoya keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
10. 10.Manav keeps ₹800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
11. 11.Ishaan keeps ₹2000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
12. 12.Dev has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Dev have after 2 years?
13. 13.Karan keeps ₹2000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
14. 14.₹1300 earns 2% simple interest per year. In how many years will the interest be ₹26?
15. 15.Riya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 5% simple interest per year, how many rupees more will Riya have after 4 years?
16. 16.Arjun keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
17. 17.Manav has ₹1700. In a piggy bank it stays ₹1700. In a bank at 3% simple interest per year, how many rupees more will Manav have after 1 year?
18. 18.Tara has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Tara have after 3 years?
19. 19.Riya keeps ₹1000 in a bank. After 5 years the simple interest is ₹200. What is the rate of interest per year (in %)?
20. 20.Diya keeps ₹1800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
21. 21.Meera has ₹700. In a piggy bank it stays ₹700. In a bank at 9% simple interest per year, how many rupees more will Meera have after 4 years?
22. 22.Meera keeps ₹600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
23. 23.₹100 earns 2% simple interest per year. In how many years will the interest be ₹10?
24. 24.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
25. 25.Isha keeps ₹1200 in a bank. After 5 years the simple interest is ₹240. What is the rate of interest per year (in %)?
26. 26.₹1600 earns 6% simple interest per year. In how many years will the interest be ₹480?
27. 27.Priya keeps ₹2000 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
28. 28.₹1900 earns 9% simple interest per year. In how many years will the interest be ₹684?
29. 29.Rahul keeps ₹2000 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
30. 30.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹304?
31. 31.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹500?
32. 32.Aarav keeps ₹1600 in a bank. After 2 years the simple interest is ₹64. What is the rate of interest per year (in %)?
33. 33.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Arjun have after 2 years?
34. 34.Kabir keeps ₹600 in a bank. After 5 years the simple interest is ₹180. What is the rate of interest per year (in %)?
35. 35.Farhan keeps ₹1100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
36. 36.Kabir keeps ₹400 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
37. 37.Kavya has ₹500. In a piggy bank it stays ₹500. In a bank at 9% simple interest per year, how many rupees more will Kavya have after 5 years?
38. 38.Ishaan keeps ₹1500 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
39. 39.Gurpreet keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
40. 40.Aditya keeps ₹100 in a bank. After 4 years the simple interest is ₹40. What is the rate of interest per year (in %)?

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