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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 239 · 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.Gurpreet keeps ₹400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  2. 2.Arjun keeps ₹600 in a bank. After 4 years the simple interest is ₹168. What is the rate of interest per year (in %)?
  3. 3.Joseph keeps ₹1400 in a bank. After 1 year the simple interest is ₹126. What is the rate of interest per year (in %)?
  4. 4.Farhan keeps ₹400 in a bank. After 3 years the simple interest is ₹36. What is the rate of interest per year (in %)?
  5. 5.Sneha keeps ₹100 in a bank. After 4 years the simple interest is ₹28. What is the rate of interest per year (in %)?
  6. 6.₹1000 earns 8% simple interest per year. In how many years will the interest be ₹80?
  7. 7.Tara has ₹1600. In a piggy bank it stays ₹1600. In a bank at 4% simple interest per year, how many rupees more will Tara have after 5 years?
  8. 8.Nisha keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  9. 9.Sneha keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.Rohan keeps ₹400 in a bank. After 4 years the simple interest is ₹64. What is the rate of interest per year (in %)?
  11. 11.₹200 earns 4% simple interest per year. In how many years will the interest be ₹40?
  12. 12.₹400 earns 7% simple interest per year. In how many years will the interest be ₹28?
  13. 13.Manav has ₹2000. In a piggy bank it stays ₹2000. In a bank at 5% simple interest per year, how many rupees more will Manav have after 1 year?
  14. 14.Kavya keeps ₹400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  15. 15.Priya keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  16. 16.Lakshmi keeps ₹400 in a bank. After 5 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  17. 17.₹100 earns 10% simple interest per year. In how many years will the interest be ₹30?
  18. 18.Kabir keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  19. 19.Rahul keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  20. 20.Zoya has ₹400. In a piggy bank it stays ₹400. In a bank at 6% simple interest per year, how many rupees more will Zoya have after 1 year?
  21. 21.Farhan keeps ₹1000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  22. 22.₹300 earns 6% simple interest per year. In how many years will the interest be ₹18?
  23. 23.Rahul keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  24. 24.Farhan keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  25. 25.Manav keeps ₹700 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  26. 26.Gurpreet keeps ₹800 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  27. 27.Rahul has ₹200. In a piggy bank it stays ₹200. In a bank at 5% simple interest per year, how many rupees more will Rahul have after 4 years?
  28. 28.Lakshmi keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  29. 29.Isha keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  30. 30.Ishaan keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  31. 31.Priya has ₹700. In a piggy bank it stays ₹700. In a bank at 9% simple interest per year, how many rupees more will Priya have after 4 years?
  32. 32.Karan keeps ₹600 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  33. 33.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹85?
  34. 34.₹600 earns 6% simple interest per year. In how many years will the interest be ₹108?
  35. 35.Priya keeps ₹1000 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  36. 36.Isha keeps ₹100 in a bank. After 1 year the simple interest is ₹5. What is the rate of interest per year (in %)?
  37. 37.Aarav has ₹1100. In a piggy bank it stays ₹1100. In a bank at 7% simple interest per year, how many rupees more will Aarav have after 1 year?
  38. 38.Gurpreet keeps ₹600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
  39. 39.Lakshmi keeps ₹1900 in a bank. After 2 years the simple interest is ₹114. What is the rate of interest per year (in %)?
  40. 40.Kabir keeps ₹300 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?

Answer key

  1. 108
  2. 7
  3. 9
  4. 3
  5. 7
  6. 1
  7. 320
  8. 424
  9. 96
  10. 4
  11. 5
  12. 1
  13. 100
  14. 80
  15. 520
  16. 2
  17. 3
  18. 140
  19. 918
  20. 24
  21. 30
  22. 1
  23. 68
  24. 660
  25. 805
  26. 896
  27. 40
  28. 256
  29. 2755
  30. 1040
  31. 252
  32. 672
  33. 1
  34. 3
  35. 1200
  36. 5
  37. 77
  38. 210
  39. 3
  40. 360

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