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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 198 · 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.Vivaan keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Manav keeps ₹300 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  3. 3.₹600 earns 4% simple interest per year. In how many years will the interest be ₹96?
  4. 4.Aditya keeps ₹500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  5. 5.Saanvi keeps ₹100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  6. 6.Rohan keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  7. 7.Meera keeps ₹900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  8. 8.Kabir keeps ₹700 in a bank. After 2 years the simple interest is ₹98. What is the rate of interest per year (in %)?
  9. 9.Pooja keeps ₹1100 in a bank. After 4 years the simple interest is ₹132. What is the rate of interest per year (in %)?
  10. 10.Ishaan keeps ₹1900 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  11. 11.Kabir keeps ₹1100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  12. 12.₹1400 earns 5% simple interest per year. In how many years will the interest be ₹140?
  13. 13.₹1700 earns 2% simple interest per year. In how many years will the interest be ₹170?
  14. 14.Joseph has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Joseph have after 1 year?
  15. 15.₹400 earns 6% simple interest per year. In how many years will the interest be ₹96?
  16. 16.Zoya keeps ₹500 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  17. 17.Kabir keeps ₹300 in a bank. After 4 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  18. 18.Kavya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Kavya have after 5 years?
  19. 19.Kabir keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  20. 20.Gurpreet has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Gurpreet have after 3 years?
  21. 21.Nisha keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  22. 22.Joseph keeps ₹1100 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  23. 23.Rahul keeps ₹1600 in a bank. After 1 year the simple interest is ₹144. What is the rate of interest per year (in %)?
  24. 24.Pooja has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Pooja have after 5 years?
  25. 25.₹1200 earns 5% simple interest per year. In how many years will the interest be ₹300?
  26. 26.Zoya has ₹300. In a piggy bank it stays ₹300. In a bank at 2% simple interest per year, how many rupees more will Zoya have after 5 years?
  27. 27.Manav keeps ₹1900 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  28. 28.Priya keeps ₹2000 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  29. 29.Karan has ₹1800. In a piggy bank it stays ₹1800. In a bank at 6% simple interest per year, how many rupees more will Karan have after 3 years?
  30. 30.Aarav keeps ₹1300 in a bank. After 1 year the simple interest is ₹52. What is the rate of interest per year (in %)?
  31. 31.Kabir keeps ₹1500 in a bank. After 4 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  32. 32.Rahul has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Rahul have after 4 years?
  33. 33.Priya keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  34. 34.Pooja keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  35. 35.Zoya keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  36. 36.Nisha keeps ₹1200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  37. 37.Isha keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  38. 38.Gurpreet keeps ₹2000 in a bank. After 3 years the simple interest is ₹600. What is the rate of interest per year (in %)?
  39. 39.₹600 earns 3% simple interest per year. In how many years will the interest be ₹72?
  40. 40.Riya has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Riya have after 4 years?

Answer key

  1. 99
  2. 8
  3. 4
  4. 10
  5. 8
  6. 252
  7. 189
  8. 7
  9. 3
  10. 2185
  11. 330
  12. 2
  13. 5
  14. 39
  15. 4
  16. 580
  17. 8
  18. 400
  19. 127
  20. 120
  21. 190
  22. 1452
  23. 9
  24. 90
  25. 5
  26. 30
  27. 2508
  28. 2540
  29. 324
  30. 4
  31. 2
  32. 112
  33. 256
  34. 132
  35. 96
  36. 240
  37. 625
  38. 10
  39. 4
  40. 144

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