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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 229 · 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).

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  1. 1.Aditya keeps ₹1700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Ishaan has ₹800. In a piggy bank it stays ₹800. In a bank at 5% simple interest per year, how many rupees more will Ishaan have after 3 years?
  3. 3.₹800 earns 6% simple interest per year. In how many years will the interest be ₹96?
  4. 4.Zoya keeps ₹700 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  5. 5.Isha keeps ₹700 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  6. 6.Karan keeps ₹1100 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  7. 7.Nisha keeps ₹600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  8. 8.Pooja has ₹500. In a piggy bank it stays ₹500. In a bank at 10% simple interest per year, how many rupees more will Pooja have after 1 year?
  9. 9.Aditya keeps ₹800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  10. 10.Pooja keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  11. 11.₹600 earns 7% simple interest per year. In how many years will the interest be ₹126?
  12. 12.Zoya keeps ₹900 in a bank. After 4 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  13. 13.Isha keeps ₹900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  14. 14.Riya has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Riya have after 2 years?
  15. 15.Lakshmi keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  16. 16.₹1700 earns 3% simple interest per year. In how many years will the interest be ₹102?
  17. 17.₹200 earns 4% simple interest per year. In how many years will the interest be ₹40?
  18. 18.₹1800 earns 7% simple interest per year. In how many years will the interest be ₹126?
  19. 19.Manav has ₹1900. In a piggy bank it stays ₹1900. In a bank at 2% simple interest per year, how many rupees more will Manav have after 3 years?
  20. 20.Aditya keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  21. 21.Karan keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  22. 22.Aarav keeps ₹600 in a bank. After 2 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  23. 23.Rahul keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  24. 24.Aarav has ₹500. In a piggy bank it stays ₹500. In a bank at 4% simple interest per year, how many rupees more will Aarav have after 2 years?
  25. 25.Meera keeps ₹1200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  26. 26.Nisha keeps ₹1200 in a bank. After 1 year the simple interest is ₹108. What is the rate of interest per year (in %)?
  27. 27.Meera keeps ₹400 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  28. 28.Tara keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  29. 29.Lakshmi keeps ₹1700 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  30. 30.Farhan keeps ₹900 in a bank. After 1 year the simple interest is ₹18. What is the rate of interest per year (in %)?
  31. 31.Diya keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  32. 32.Meera keeps ₹1700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  33. 33.₹1800 earns 5% simple interest per year. In how many years will the interest be ₹450?
  34. 34.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹255?
  35. 35.Aditya keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  36. 36.Ananya keeps ₹1400 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  37. 37.Arjun keeps ₹500 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  38. 38.Diya keeps ₹500 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  39. 39.Karan keeps ₹1200 in a bank. After 4 years the simple interest is ₹192. What is the rate of interest per year (in %)?
  40. 40.Joseph keeps ₹1900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?

Answer key

  1. 170
  2. 120
  3. 2
  4. 770
  5. 728
  6. 1166
  7. 84
  8. 50
  9. 120
  10. 336
  11. 3
  12. 4
  13. 450
  14. 80
  15. 100
  16. 2
  17. 5
  18. 1
  19. 114
  20. 2120
  21. 54
  22. 4
  23. 20
  24. 40
  25. 360
  26. 9
  27. 480
  28. 60
  29. 1904
  30. 2
  31. 512
  32. 255
  33. 5
  34. 3
  35. 720
  36. 1848
  37. 660
  38. 4
  39. 4
  40. 285

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