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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 204 · 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.Meera keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  2. 2.Sneha keeps ₹1100 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  3. 3.Sneha has ₹1200. In a piggy bank it stays ₹1200. In a bank at 6% simple interest per year, how many rupees more will Sneha have after 2 years?
  4. 4.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹608?
  5. 5.Ishaan keeps ₹2000 in a bank. After 2 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  6. 6.Dev keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  7. 7.Aarav keeps ₹1900 in a bank. After 2 years the simple interest is ₹380. What is the rate of interest per year (in %)?
  8. 8.Sneha has ₹800. In a piggy bank it stays ₹800. In a bank at 5% simple interest per year, how many rupees more will Sneha have after 1 year?
  9. 9.₹200 earns 6% simple interest per year. In how many years will the interest be ₹24?
  10. 10.Arjun keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  11. 11.Zoya keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  12. 12.₹1200 earns 6% simple interest per year. In how many years will the interest be ₹288?
  13. 13.₹800 earns 5% simple interest per year. In how many years will the interest be ₹80?
  14. 14.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹176?
  15. 15.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹100?
  16. 16.₹1900 earns 4% simple interest per year. In how many years will the interest be ₹152?
  17. 17.Sneha keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  18. 18.₹500 earns 2% simple interest per year. In how many years will the interest be ₹40?
  19. 19.Rohan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 5% simple interest per year, how many rupees more will Rohan have after 2 years?
  20. 20.Rohan keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  21. 21.Kavya keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  22. 22.Manav keeps ₹1800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  23. 23.Arjun keeps ₹1300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  24. 24.Riya has ₹100. In a piggy bank it stays ₹100. In a bank at 7% simple interest per year, how many rupees more will Riya have after 5 years?
  25. 25.Rahul keeps ₹800 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  26. 26.Diya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 7% simple interest per year, how many rupees more will Diya have after 5 years?
  27. 27.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹104?
  28. 28.₹1300 earns 6% simple interest per year. In how many years will the interest be ₹156?
  29. 29.Karan has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Karan have after 5 years?
  30. 30.Rahul keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  31. 31.Rohan keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  32. 32.Priya keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  33. 33.Isha keeps ₹1700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  34. 34.₹200 earns 2% simple interest per year. In how many years will the interest be ₹16?
  35. 35.Ananya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 6% simple interest per year, how many rupees more will Ananya have after 4 years?
  36. 36.Dev keeps ₹1300 in a bank. After 3 years the simple interest is ₹234. What is the rate of interest per year (in %)?
  37. 37.Isha keeps ₹1200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  38. 38.Nisha keeps ₹900 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  39. 39.Kabir has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Kabir have after 2 years?
  40. 40.Dev keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?

Answer key

  1. 80
  2. 1188
  3. 144
  4. 4
  5. 4
  6. 28
  7. 10
  8. 40
  9. 2
  10. 324
  11. 72
  12. 4
  13. 2
  14. 2
  15. 1
  16. 2
  17. 127
  18. 4
  19. 110
  20. 12
  21. 2242
  22. 360
  23. 234
  24. 35
  25. 960
  26. 525
  27. 1
  28. 2
  29. 140
  30. 150
  31. 300
  32. 260
  33. 680
  34. 4
  35. 480
  36. 6
  37. 240
  38. 1170
  39. 18
  40. 1568

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