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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 238 · 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.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Rohan have after 4 years?
  2. 2.Lakshmi keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.₹500 earns 2% simple interest per year. In how many years will the interest be ₹30?
  4. 4.Dev keeps ₹600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  5. 5.Saanvi keeps ₹800 in a bank. After 1 year the simple interest is ₹48. What is the rate of interest per year (in %)?
  6. 6.₹1600 earns 5% simple interest per year. In how many years will the interest be ₹320?
  7. 7.Isha keeps ₹400 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  8. 8.₹100 earns 3% simple interest per year. In how many years will the interest be ₹6?
  9. 9.₹600 earns 5% simple interest per year. In how many years will the interest be ₹150?
  10. 10.Diya keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  11. 11.Arjun keeps ₹800 in a bank. After 1 year the simple interest is ₹72. What is the rate of interest per year (in %)?
  12. 12.₹500 earns 4% simple interest per year. In how many years will the interest be ₹20?
  13. 13.Saanvi keeps ₹1400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  14. 14.Diya keeps ₹1400 in a bank. After 3 years the simple interest is ₹294. What is the rate of interest per year (in %)?
  15. 15.Diya keeps ₹1200 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  16. 16.Dev has ₹700. In a piggy bank it stays ₹700. In a bank at 2% simple interest per year, how many rupees more will Dev have after 5 years?
  17. 17.Farhan keeps ₹500 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  18. 18.Isha keeps ₹600 in a bank. After 4 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  19. 19.Priya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 3% simple interest per year, how many rupees more will Priya have after 1 year?
  20. 20.Farhan keeps ₹900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  21. 21.Arjun has ₹100. In a piggy bank it stays ₹100. In a bank at 7% simple interest per year, how many rupees more will Arjun have after 3 years?
  22. 22.Joseph has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Joseph have after 5 years?
  23. 23.Rahul keeps ₹700 in a bank. After 1 year the simple interest is ₹63. What is the rate of interest per year (in %)?
  24. 24.₹1900 earns 6% simple interest per year. In how many years will the interest be ₹342?
  25. 25.Pooja keeps ₹1600 in a bank. After 3 years the simple interest is ₹432. What is the rate of interest per year (in %)?
  26. 26.Aditya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 8% simple interest per year, how many rupees more will Aditya have after 1 year?
  27. 27.₹1100 earns 5% simple interest per year. In how many years will the interest be ₹220?
  28. 28.Aarav has ₹1100. In a piggy bank it stays ₹1100. In a bank at 9% simple interest per year, how many rupees more will Aarav have after 4 years?
  29. 29.Pooja keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  30. 30.Sneha keeps ₹2000 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  31. 31.Priya keeps ₹500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.Meera keeps ₹800 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  33. 33.Karan keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  34. 34.₹1700 earns 9% simple interest per year. In how many years will the interest be ₹612?
  35. 35.Ananya has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Ananya have after 2 years?
  36. 36.Saanvi has ₹200. In a piggy bank it stays ₹200. In a bank at 5% simple interest per year, how many rupees more will Saanvi have after 5 years?
  37. 37.Diya keeps ₹300 in a bank. After 3 years the simple interest is ₹45. What is the rate of interest per year (in %)?
  38. 38.Rahul keeps ₹1300 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  39. 39.₹1300 earns 8% simple interest per year. In how many years will the interest be ₹104?
  40. 40.Gurpreet keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?

Answer key

  1. 448
  2. 108
  3. 3
  4. 48
  5. 6
  6. 4
  7. 544
  8. 2
  9. 5
  10. 1380
  11. 9
  12. 1
  13. 70
  14. 7
  15. 1320
  16. 70
  17. 4
  18. 5
  19. 51
  20. 72
  21. 21
  22. 105
  23. 9
  24. 3
  25. 9
  26. 152
  27. 4
  28. 396
  29. 1534
  30. 2200
  31. 140
  32. 872
  33. 232
  34. 4
  35. 54
  36. 50
  37. 5
  38. 1534
  39. 1
  40. 70

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