Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 231 · 40 sums

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).

1. 1.Rohan keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
2. 2.Joseph keeps ₹1600 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
3. 3.₹1600 earns 6% simple interest per year. In how many years will the interest be ₹480?
4. 4.Saanvi keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
5. 5.Kabir keeps ₹1300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
6. 6.Kavya keeps ₹1700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
7. 7.Pooja keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
8. 8.₹1200 earns 7% simple interest per year. In how many years will the interest be ₹252?
9. 9.Arjun keeps ₹1100 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
10. 10.Farhan has ₹1600. In a piggy bank it stays ₹1600. In a bank at 7% simple interest per year, how many rupees more will Farhan have after 1 year?
11. 11.Meera keeps ₹400 in a bank. After 2 years the simple interest is ₹48. What is the rate of interest per year (in %)?
12. 12.Diya keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
13. 13.Lakshmi keeps ₹100 in a bank. After 2 years the simple interest is ₹8. What is the rate of interest per year (in %)?
14. 14.Vivaan keeps ₹1700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
15. 15.Rahul keeps ₹1300 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
16. 16.Joseph keeps ₹1300 in a bank. After 1 year the simple interest is ₹117. What is the rate of interest per year (in %)?
17. 17.Manav keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
18. 18.Diya keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
19. 19.Diya has ₹700. In a piggy bank it stays ₹700. In a bank at 9% simple interest per year, how many rupees more will Diya have after 4 years?
20. 20.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹608?
21. 21.Vivaan keeps ₹1800 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
22. 22.Aarav keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
23. 23.₹300 earns 5% simple interest per year. In how many years will the interest be ₹30?
24. 24.₹1700 earns 8% simple interest per year. In how many years will the interest be ₹136?
25. 25.Priya keeps ₹800 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
26. 26.Manav has ₹1100. In a piggy bank it stays ₹1100. In a bank at 5% simple interest per year, how many rupees more will Manav have after 3 years?
27. 27.Rahul keeps ₹1800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
28. 28.₹1000 earns 8% simple interest per year. In how many years will the interest be ₹400?
29. 29.₹1600 earns 3% simple interest per year. In how many years will the interest be ₹48?
30. 30.Ishaan has ₹500. In a piggy bank it stays ₹500. In a bank at 10% simple interest per year, how many rupees more will Ishaan have after 3 years?
31. 31.Isha has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Isha have after 4 years?
32. 32.Tara keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
33. 33.Gurpreet keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
34. 34.Farhan keeps ₹800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
35. 35.Ananya has ₹900. In a piggy bank it stays ₹900. In a bank at 10% simple interest per year, how many rupees more will Ananya have after 1 year?
36. 36.₹1500 earns 6% simple interest per year. In how many years will the interest be ₹360?
37. 37.Zoya has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Zoya have after 2 years?
38. 38.Lakshmi keeps ₹500 in a bank. After 2 years the simple interest is ₹100. What is the rate of interest per year (in %)?
39. 39.Rohan keeps ₹100 in a bank. After 3 years the simple interest is ₹6. What is the rate of interest per year (in %)?
40. 40.Rahul keeps ₹600 in a bank. After 4 years the simple interest is ₹48. What is the rate of interest per year (in %)?

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