Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 202 · 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.Tara keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
2. 2.Pooja keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
3. 3.Zoya keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
4. 4.Dev keeps ₹1700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
5. 5.Vivaan keeps ₹1200 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
6. 6.Arjun keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
7. 7.₹1600 earns 2% simple interest per year. In how many years will the interest be ₹128?
8. 8.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹700?
9. 9.Meera keeps ₹400 in a bank. After 3 years the simple interest is ₹36. What is the rate of interest per year (in %)?
10. 10.₹1000 earns 9% simple interest per year. In how many years will the interest be ₹90?
11. 11.Vivaan keeps ₹500 in a bank. After 5 years the simple interest is ₹200. What is the rate of interest per year (in %)?
12. 12.Ishaan keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
13. 13.₹1600 earns 2% simple interest per year. In how many years will the interest be ₹160?
14. 14.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹264?
15. 15.Aarav has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Aarav have after 3 years?
16. 16.₹1500 earns 5% simple interest per year. In how many years will the interest be ₹375?
17. 17.Ananya keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
18. 18.Priya keeps ₹400 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
19. 19.Kabir keeps ₹1900 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
20. 20.Dev keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
21. 21.Riya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 10% simple interest per year, how many rupees more will Riya have after 5 years?
22. 22.Dev keeps ₹200 in a bank. After 4 years the simple interest is ₹16. What is the rate of interest per year (in %)?
23. 23.Saanvi keeps ₹1800 in a bank. After 1 year the simple interest is ₹54. What is the rate of interest per year (in %)?
24. 24.Tara has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Tara have after 5 years?
25. 25.Tara has ₹200. In a piggy bank it stays ₹200. In a bank at 6% simple interest per year, how many rupees more will Tara have after 2 years?
26. 26.Arjun keeps ₹1400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
27. 27.Arjun keeps ₹900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
28. 28.Aditya keeps ₹1300 in a bank. After 1 year the simple interest is ₹117. What is the rate of interest per year (in %)?
29. 29.Arjun has ₹1500. In a piggy bank it stays ₹1500. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 4 years?
30. 30.Joseph keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
31. 31.Lakshmi keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
32. 32.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹576?
33. 33.Meera keeps ₹1900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
34. 34.Arjun keeps ₹1600 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
35. 35.Lakshmi keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
36. 36.Arjun has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Arjun have after 2 years?
37. 37.₹1800 earns 2% simple interest per year. In how many years will the interest be ₹180?
38. 38.Ananya keeps ₹1300 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
39. 39.₹800 earns 6% simple interest per year. In how many years will the interest be ₹192?
40. 40.₹1700 earns 2% simple interest per year. In how many years will the interest be ₹102?

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