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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 222 · 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.₹2000 earns 3% simple interest per year. In how many years will the interest be ₹120?
  2. 2.Meera keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  3. 3.Priya keeps ₹1600 in a bank. After 4 years the simple interest is ₹192. What is the rate of interest per year (in %)?
  4. 4.Karan keeps ₹1100 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  5. 5.Arjun keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  6. 6.₹400 earns 3% simple interest per year. In how many years will the interest be ₹24?
  7. 7.Aditya keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  8. 8.Rahul keeps ₹1600 in a bank. After 5 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  9. 9.Sneha keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  10. 10.Dev keeps ₹800 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  11. 11.Arjun keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.Farhan keeps ₹500 in a bank. After 5 years the simple interest is ₹100. What is the rate of interest per year (in %)?
  13. 13.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹80?
  14. 14.Manav has ₹1400. In a piggy bank it stays ₹1400. In a bank at 4% simple interest per year, how many rupees more will Manav have after 4 years?
  15. 15.Karan keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  16. 16.Priya has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Priya have after 2 years?
  17. 17.Arjun keeps ₹1500 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  18. 18.Vivaan keeps ₹2000 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  19. 19.Gurpreet has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Gurpreet have after 5 years?
  20. 20.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹104?
  21. 21.Isha keeps ₹500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  22. 22.Joseph keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  23. 23.Saanvi keeps ₹1500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  24. 24.Priya has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Priya have after 1 year?
  25. 25.Meera keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  26. 26.Isha keeps ₹1100 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  27. 27.₹400 earns 7% simple interest per year. In how many years will the interest be ₹28?
  28. 28.Rohan keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  29. 29.Ananya keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  30. 30.Karan keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  31. 31.Diya keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  32. 32.₹400 earns 4% simple interest per year. In how many years will the interest be ₹48?
  33. 33.₹200 earns 9% simple interest per year. In how many years will the interest be ₹18?
  34. 34.₹1100 earns 7% simple interest per year. In how many years will the interest be ₹231?
  35. 35.Pooja keeps ₹1800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  36. 36.₹200 earns 3% simple interest per year. In how many years will the interest be ₹18?
  37. 37.Rohan has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Rohan have after 2 years?
  38. 38.Gurpreet keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  39. 39.Kavya keeps ₹100 in a bank. After 1 year the simple interest is ₹10. What is the rate of interest per year (in %)?
  40. 40.Manav has ₹1800. In a piggy bank it stays ₹1800. In a bank at 3% simple interest per year, how many rupees more will Manav have after 5 years?

Answer key

  1. 2
  2. 600
  3. 3
  4. 1188
  5. 336
  6. 2
  7. 48
  8. 2
  9. 1620
  10. 5
  11. 108
  12. 4
  13. 2
  14. 224
  15. 180
  16. 126
  17. 1800
  18. 2160
  19. 400
  20. 1
  21. 20
  22. 140
  23. 675
  24. 80
  25. 448
  26. 1122
  27. 1
  28. 432
  29. 252
  30. 120
  31. 910
  32. 3
  33. 1
  34. 3
  35. 324
  36. 3
  37. 144
  38. 228
  39. 10
  40. 270

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