← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 208 · 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.Manav keeps ₹500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Zoya keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  3. 3.Isha keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  4. 4.Ishaan keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  5. 5.Saanvi keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  6. 6.₹1000 earns 2% simple interest per year. In how many years will the interest be ₹20?
  7. 7.Nisha has ₹400. In a piggy bank it stays ₹400. In a bank at 5% simple interest per year, how many rupees more will Nisha have after 4 years?
  8. 8.Arjun keeps ₹700 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  9. 9.Riya keeps ₹1600 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  10. 10.Isha keeps ₹200 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  11. 11.Zoya keeps ₹1600 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  12. 12.₹1100 earns 7% simple interest per year. In how many years will the interest be ₹77?
  13. 13.Nisha keeps ₹900 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  14. 14.Dev keeps ₹900 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  15. 15.Sneha has ₹700. In a piggy bank it stays ₹700. In a bank at 8% simple interest per year, how many rupees more will Sneha have after 2 years?
  16. 16.₹500 earns 3% simple interest per year. In how many years will the interest be ₹15?
  17. 17.Ananya keeps ₹1500 in a bank. After 5 years the simple interest is ₹600. What is the rate of interest per year (in %)?
  18. 18.Ananya keeps ₹200 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  19. 19.Diya keeps ₹800 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  20. 20.Farhan keeps ₹1300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  21. 21.Isha has ₹1700. In a piggy bank it stays ₹1700. In a bank at 9% simple interest per year, how many rupees more will Isha have after 1 year?
  22. 22.Kabir keeps ₹1300 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  23. 23.Diya keeps ₹600 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  24. 24.Diya keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  25. 25.Lakshmi keeps ₹1900 in a bank. After 2 years the simple interest is ₹228. What is the rate of interest per year (in %)?
  26. 26.₹800 earns 3% simple interest per year. In how many years will the interest be ₹120?
  27. 27.Pooja keeps ₹800 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  28. 28.Joseph has ₹1300. In a piggy bank it stays ₹1300. In a bank at 5% simple interest per year, how many rupees more will Joseph have after 4 years?
  29. 29.Kavya keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.₹1700 earns 2% simple interest per year. In how many years will the interest be ₹170?
  31. 31.Ishaan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 8% simple interest per year, how many rupees more will Ishaan have after 1 year?
  32. 32.Vivaan keeps ₹1600 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  33. 33.Karan keeps ₹1800 in a bank. After 1 year the simple interest is ₹54. What is the rate of interest per year (in %)?
  34. 34.₹1500 earns 4% simple interest per year. In how many years will the interest be ₹180?
  35. 35.Ananya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Ananya have after 5 years?
  36. 36.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹294?
  37. 37.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹200?
  38. 38.₹1500 earns 9% simple interest per year. In how many years will the interest be ₹270?
  39. 39.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹360?
  40. 40.Rohan keeps ₹1100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?

Answer key

  1. 10
  2. 270
  3. 45
  4. 168
  5. 990
  6. 1
  7. 80
  8. 735
  9. 1888
  10. 212
  11. 1712
  12. 1
  13. 972
  14. 1080
  15. 112
  16. 1
  17. 8
  18. 10
  19. 3
  20. 234
  21. 153
  22. 1716
  23. 10
  24. 408
  25. 6
  26. 5
  27. 848
  28. 260
  29. 180
  30. 5
  31. 152
  32. 1760
  33. 3
  34. 3
  35. 195
  36. 3
  37. 2
  38. 2
  39. 3
  40. 66

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