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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 226 · 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.Aarav keeps ₹200 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  2. 2.Riya keeps ₹700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.Isha keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  4. 4.Manav has ₹400. In a piggy bank it stays ₹400. In a bank at 8% simple interest per year, how many rupees more will Manav have after 1 year?
  5. 5.Farhan keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  6. 6.₹1200 earns 8% simple interest per year. In how many years will the interest be ₹96?
  7. 7.Ishaan keeps ₹2000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  8. 8.Lakshmi keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  9. 9.Vivaan has ₹700. In a piggy bank it stays ₹700. In a bank at 5% simple interest per year, how many rupees more will Vivaan have after 3 years?
  10. 10.Saanvi keeps ₹1400 in a bank. After 5 years the simple interest is ₹560. What is the rate of interest per year (in %)?
  11. 11.Manav keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  12. 12.Rohan keeps ₹1700 in a bank. After 5 years the simple interest is ₹595. What is the rate of interest per year (in %)?
  13. 13.Kabir keeps ₹1500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  14. 14.Zoya has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Zoya have after 1 year?
  15. 15.Arjun has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Arjun have after 5 years?
  16. 16.₹1600 earns 2% simple interest per year. In how many years will the interest be ₹96?
  17. 17.Zoya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 5% simple interest per year, how many rupees more will Zoya have after 5 years?
  18. 18.₹1600 earns 7% simple interest per year. In how many years will the interest be ₹560?
  19. 19.Joseph keeps ₹1300 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  20. 20.₹1700 earns 9% simple interest per year. In how many years will the interest be ₹765?
  21. 21.Meera keeps ₹800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  22. 22.Rahul keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  23. 23.₹100 earns 9% simple interest per year. In how many years will the interest be ₹27?
  24. 24.Arjun keeps ₹1600 in a bank. After 1 year the simple interest is ₹64. What is the rate of interest per year (in %)?
  25. 25.Vivaan has ₹400. In a piggy bank it stays ₹400. In a bank at 4% simple interest per year, how many rupees more will Vivaan have after 4 years?
  26. 26.₹500 earns 6% simple interest per year. In how many years will the interest be ₹60?
  27. 27.Manav keeps ₹1600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  28. 28.Gurpreet has ₹1700. In a piggy bank it stays ₹1700. In a bank at 9% simple interest per year, how many rupees more will Gurpreet have after 2 years?
  29. 29.Manav keeps ₹1100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  30. 30.₹1800 earns 8% simple interest per year. In how many years will the interest be ₹288?
  31. 31.Manav keeps ₹1600 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  32. 32.Zoya keeps ₹1800 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  33. 33.Diya keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  34. 34.Karan keeps ₹1700 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  35. 35.Nisha keeps ₹1000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  36. 36.Rohan has ₹200. In a piggy bank it stays ₹200. In a bank at 8% simple interest per year, how many rupees more will Rohan have after 4 years?
  37. 37.Isha keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  38. 38.Gurpreet keeps ₹1800 in a bank. After 3 years the simple interest is ₹486. What is the rate of interest per year (in %)?
  39. 39.Gurpreet keeps ₹1300 in a bank. After 4 years the simple interest is ₹364. What is the rate of interest per year (in %)?
  40. 40.Isha keeps ₹100 in a bank. After 1 year the simple interest is ₹10. What is the rate of interest per year (in %)?

Answer key

  1. 220
  2. 63
  3. 520
  4. 32
  5. 400
  6. 1
  7. 160
  8. 60
  9. 105
  10. 8
  11. 12
  12. 7
  13. 360
  14. 80
  15. 180
  16. 3
  17. 300
  18. 5
  19. 364
  20. 5
  21. 120
  22. 950
  23. 3
  24. 4
  25. 64
  26. 2
  27. 128
  28. 306
  29. 88
  30. 2
  31. 1760
  32. 2610
  33. 360
  34. 2108
  35. 240
  36. 64
  37. 18
  38. 9
  39. 7
  40. 10

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