← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 197 · 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 ₹1500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  2. 2.Ishaan keeps ₹800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  3. 3.Kavya keeps ₹800 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  4. 4.Ishaan keeps ₹500 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  5. 5.Ananya keeps ₹1500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  6. 6.₹1200 earns 9% simple interest per year. In how many years will the interest be ₹324?
  7. 7.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 1 year?
  8. 8.Isha keeps ₹1900 in a bank. After 2 years the simple interest is ₹266. What is the rate of interest per year (in %)?
  9. 9.Ananya has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Ananya have after 3 years?
  10. 10.Manav keeps ₹1900 in a bank. After 1 year the simple interest is ₹152. What is the rate of interest per year (in %)?
  11. 11.Kabir keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.₹500 earns 6% simple interest per year. In how many years will the interest be ₹60?
  13. 13.Tara keeps ₹1100 in a bank. After 1 year the simple interest is ₹55. What is the rate of interest per year (in %)?
  14. 14.Karan keeps ₹900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  15. 15.₹400 earns 5% simple interest per year. In how many years will the interest be ₹100?
  16. 16.Zoya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 4% simple interest per year, how many rupees more will Zoya have after 5 years?
  17. 17.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹425?
  18. 18.Priya keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  19. 19.Joseph keeps ₹400 in a bank. After 5 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  20. 20.Gurpreet keeps ₹500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  21. 21.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹416?
  22. 22.Vivaan keeps ₹1800 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  23. 23.Pooja keeps ₹600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  24. 24.Kavya keeps ₹300 in a bank. After 2 years the simple interest is ₹12. What is the rate of interest per year (in %)?
  25. 25.Isha keeps ₹1000 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  26. 26.Karan keeps ₹900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.Dev keeps ₹1000 in a bank. After 4 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  28. 28.Sneha keeps ₹1200 in a bank. After 1 year the simple interest is ₹36. What is the rate of interest per year (in %)?
  29. 29.Karan keeps ₹1200 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  30. 30.Manav has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Manav have after 3 years?
  31. 31.Ishaan keeps ₹300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  32. 32.Gurpreet keeps ₹1200 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  33. 33.Aditya keeps ₹1700 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  34. 34.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹560?
  35. 35.Aditya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 9% simple interest per year, how many rupees more will Aditya have after 4 years?
  36. 36.Kavya keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  37. 37.₹1600 earns 7% simple interest per year. In how many years will the interest be ₹224?
  38. 38.Diya keeps ₹200 in a bank. After 1 year the simple interest is ₹8. What is the rate of interest per year (in %)?
  39. 39.Tara keeps ₹500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  40. 40.Riya keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?

Answer key

  1. 90
  2. 24
  3. 832
  4. 570
  5. 300
  6. 3
  7. 27
  8. 7
  9. 120
  10. 8
  11. 24
  12. 2
  13. 5
  14. 36
  15. 5
  16. 260
  17. 5
  18. 195
  19. 2
  20. 75
  21. 4
  22. 2520
  23. 126
  24. 2
  25. 1300
  26. 126
  27. 4
  28. 3
  29. 1560
  30. 84
  31. 15
  32. 1248
  33. 2057
  34. 4
  35. 648
  36. 990
  37. 2
  38. 4
  39. 90
  40. 1040

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