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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 230 · 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 has ₹1600. In a piggy bank it stays ₹1600. In a bank at 6% simple interest per year, how many rupees more will Aditya have after 1 year?
  2. 2.₹300 earns 9% simple interest per year. In how many years will the interest be ₹135?
  3. 3.Aarav keeps ₹400 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  4. 4.₹1200 earns 8% simple interest per year. In how many years will the interest be ₹480?
  5. 5.₹2000 earns 10% simple interest per year. In how many years will the interest be ₹800?
  6. 6.Arjun has ₹1100. In a piggy bank it stays ₹1100. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 1 year?
  7. 7.₹400 earns 2% simple interest per year. In how many years will the interest be ₹40?
  8. 8.Arjun keeps ₹1600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  9. 9.Vivaan keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  10. 10.Manav has ₹400. In a piggy bank it stays ₹400. In a bank at 6% simple interest per year, how many rupees more will Manav have after 2 years?
  11. 11.Arjun has ₹1500. In a piggy bank it stays ₹1500. In a bank at 2% simple interest per year, how many rupees more will Arjun have after 4 years?
  12. 12.Rahul has ₹400. In a piggy bank it stays ₹400. In a bank at 8% simple interest per year, how many rupees more will Rahul have after 3 years?
  13. 13.Karan has ₹1600. In a piggy bank it stays ₹1600. In a bank at 9% simple interest per year, how many rupees more will Karan have after 5 years?
  14. 14.Lakshmi keeps ₹400 in a bank. After 4 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  15. 15.₹800 earns 4% simple interest per year. In how many years will the interest be ₹32?
  16. 16.₹1500 earns 7% simple interest per year. In how many years will the interest be ₹525?
  17. 17.Riya keeps ₹300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  18. 18.Rohan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 7% simple interest per year, how many rupees more will Rohan have after 5 years?
  19. 19.Isha keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  20. 20.Ishaan has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Ishaan have after 5 years?
  21. 21.Kavya keeps ₹800 in a bank. After 2 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  22. 22.Arjun keeps ₹200 in a bank. After 5 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  23. 23.Aditya keeps ₹700 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  24. 24.Kavya keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  25. 25.Ishaan keeps ₹1800 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
  26. 26.Nisha keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  27. 27.Dev keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  28. 28.Diya has ₹900. In a piggy bank it stays ₹900. In a bank at 8% simple interest per year, how many rupees more will Diya have after 3 years?
  29. 29.Karan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 3% simple interest per year, how many rupees more will Karan have after 1 year?
  30. 30.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹196?
  31. 31.Diya keeps ₹200 in a bank. After 4 years the simple interest is ₹32. What is the rate of interest per year (in %)?
  32. 32.Isha keeps ₹1400 in a bank. After 4 years the simple interest is ₹336. What is the rate of interest per year (in %)?
  33. 33.Ishaan keeps ₹800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  34. 34.Farhan keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  35. 35.Dev keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  36. 36.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹128?
  37. 37.Rohan keeps ₹1400 in a bank. After 4 years the simple interest is ₹336. What is the rate of interest per year (in %)?
  38. 38.Nisha has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Nisha have after 5 years?
  39. 39.Diya has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Diya have after 2 years?
  40. 40.Kavya has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Kavya have after 4 years?

Answer key

  1. 96
  2. 5
  3. 6
  4. 5
  5. 4
  6. 99
  7. 5
  8. 288
  9. 24
  10. 48
  11. 120
  12. 96
  13. 720
  14. 10
  15. 1
  16. 5
  17. 54
  18. 455
  19. 768
  20. 150
  21. 10
  22. 3
  23. 875
  24. 168
  25. 2070
  26. 100
  27. 448
  28. 216
  29. 51
  30. 2
  31. 4
  32. 6
  33. 96
  34. 240
  35. 288
  36. 2
  37. 6
  38. 180
  39. 70
  40. 144

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