← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 213 · 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.Riya keeps ₹200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  2. 2.Kavya keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  3. 3.Rohan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 5% simple interest per year, how many rupees more will Rohan have after 4 years?
  4. 4.Aarav keeps ₹1100 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  5. 5.Meera keeps ₹1100 in a bank. After 5 years the simple interest is ₹275. What is the rate of interest per year (in %)?
  6. 6.₹600 earns 2% simple interest per year. In how many years will the interest be ₹36?
  7. 7.Lakshmi keeps ₹100 in a bank. After 1 year the simple interest is ₹2. What is the rate of interest per year (in %)?
  8. 8.Ishaan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 5% simple interest per year, how many rupees more will Ishaan have after 1 year?
  9. 9.Arjun keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.Arjun keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  11. 11.Kabir keeps ₹1500 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  12. 12.Ishaan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Ishaan have after 2 years?
  13. 13.Rohan keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  14. 14.Joseph keeps ₹800 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  15. 15.₹1600 earns 5% simple interest per year. In how many years will the interest be ₹240?
  16. 16.Karan has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Karan have after 2 years?
  17. 17.Farhan has ₹600. In a piggy bank it stays ₹600. In a bank at 4% simple interest per year, how many rupees more will Farhan have after 3 years?
  18. 18.Saanvi keeps ₹1300 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  19. 19.Rohan keeps ₹200 in a bank. After 5 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  20. 20.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹108?
  21. 21.Joseph keeps ₹900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  22. 22.Nisha keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  23. 23.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
  24. 24.Aditya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 8% simple interest per year, how many rupees more will Aditya have after 3 years?
  25. 25.₹100 earns 7% simple interest per year. In how many years will the interest be ₹35?
  26. 26.Kavya keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  27. 27.Karan has ₹1000. In a piggy bank it stays ₹1000. In a bank at 7% simple interest per year, how many rupees more will Karan have after 1 year?
  28. 28.Kavya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 2% simple interest per year, how many rupees more will Kavya have after 3 years?
  29. 29.Rohan keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  30. 30.₹100 earns 10% simple interest per year. In how many years will the interest be ₹10?
  31. 31.Tara keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.Kabir has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Kabir have after 1 year?
  33. 33.₹1000 earns 3% simple interest per year. In how many years will the interest be ₹150?
  34. 34.Zoya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 6% simple interest per year, how many rupees more will Zoya have after 4 years?
  35. 35.Kabir keeps ₹900 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  36. 36.Saanvi keeps ₹1500 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  37. 37.Kavya keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  38. 38.Aarav keeps ₹1600 in a bank. After 5 years the simple interest is ₹560. What is the rate of interest per year (in %)?
  39. 39.₹1100 earns 4% simple interest per year. In how many years will the interest be ₹44?
  40. 40.₹400 earns 3% simple interest per year. In how many years will the interest be ₹48?

Answer key

  1. 40
  2. 80
  3. 260
  4. 1144
  5. 5
  6. 3
  7. 2
  8. 60
  9. 204
  10. 232
  11. 1800
  12. 152
  13. 1180
  14. 848
  15. 3
  16. 80
  17. 72
  18. 1560
  19. 6
  20. 1
  21. 450
  22. 12
  23. 4
  24. 288
  25. 5
  26. 3
  27. 70
  28. 84
  29. 72
  30. 1
  31. 408
  32. 12
  33. 5
  34. 480
  35. 954
  36. 1770
  37. 1545
  38. 7
  39. 1
  40. 4

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