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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 201 · 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.Ananya keeps ₹400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  2. 2.Meera keeps ₹100 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  3. 3.₹1200 earns 8% simple interest per year. In how many years will the interest be ₹384?
  4. 4.Ananya keeps ₹1200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  5. 5.Aditya keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  6. 6.Diya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 4% simple interest per year, how many rupees more will Diya have after 2 years?
  7. 7.Diya keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  8. 8.Nisha has ₹1800. In a piggy bank it stays ₹1800. In a bank at 10% simple interest per year, how many rupees more will Nisha have after 5 years?
  9. 9.Priya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 4% simple interest per year, how many rupees more will Priya have after 4 years?
  10. 10.Joseph has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Joseph have after 3 years?
  11. 11.Isha has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Isha have after 2 years?
  12. 12.Riya keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  13. 13.₹1100 earns 4% simple interest per year. In how many years will the interest be ₹44?
  14. 14.Aditya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 5% simple interest per year, how many rupees more will Aditya have after 4 years?
  15. 15.₹1700 earns 9% simple interest per year. In how many years will the interest be ₹459?
  16. 16.₹100 earns 9% simple interest per year. In how many years will the interest be ₹18?
  17. 17.Joseph has ₹200. In a piggy bank it stays ₹200. In a bank at 6% simple interest per year, how many rupees more will Joseph have after 3 years?
  18. 18.₹200 earns 3% simple interest per year. In how many years will the interest be ₹24?
  19. 19.Arjun keeps ₹1100 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  20. 20.Karan keeps ₹1200 in a bank. After 5 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  21. 21.Saanvi keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  22. 22.Sneha keeps ₹300 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  23. 23.Saanvi keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  24. 24.Joseph keeps ₹1100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  25. 25.₹300 earns 5% simple interest per year. In how many years will the interest be ₹30?
  26. 26.Meera keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  27. 27.Aarav keeps ₹1500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  28. 28.₹900 earns 3% simple interest per year. In how many years will the interest be ₹81?
  29. 29.Aarav keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  30. 30.Sneha keeps ₹700 in a bank. After 4 years the simple interest is ₹196. What is the rate of interest per year (in %)?
  31. 31.Diya keeps ₹1200 in a bank. After 2 years the simple interest is ₹192. What is the rate of interest per year (in %)?
  32. 32.Meera keeps ₹200 in a bank. After 1 year the simple interest is ₹8. What is the rate of interest per year (in %)?
  33. 33.₹1500 earns 10% simple interest per year. In how many years will the interest be ₹450?
  34. 34.Arjun has ₹1600. In a piggy bank it stays ₹1600. In a bank at 7% simple interest per year, how many rupees more will Arjun have after 2 years?
  35. 35.Priya keeps ₹600 in a bank. After 4 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  36. 36.Sneha keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  37. 37.Gurpreet keeps ₹800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  38. 38.Meera keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.Aarav has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Aarav have after 2 years?
  40. 40.Karan keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?

Answer key

  1. 64
  2. 135
  3. 4
  4. 72
  5. 103
  6. 128
  7. 2240
  8. 900
  9. 224
  10. 81
  11. 20
  12. 954
  13. 1
  14. 400
  15. 3
  16. 2
  17. 36
  18. 4
  19. 1320
  20. 4
  21. 1150
  22. 5
  23. 20
  24. 154
  25. 2
  26. 10
  27. 90
  28. 3
  29. 116
  30. 7
  31. 8
  32. 4
  33. 3
  34. 224
  35. 10
  36. 112
  37. 288
  38. 120
  39. 60
  40. 784

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