Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 244 · 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.Sneha keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
2. 2.Lakshmi keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
3. 3.Dev keeps ₹300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
4. 4.Priya keeps ₹2000 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
5. 5.Pooja keeps ₹200 in a bank. After 2 years the simple interest is ₹36. What is the rate of interest per year (in %)?
6. 6.Farhan keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
7. 7.Priya has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Priya have after 2 years?
8. 8.Arjun keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
9. 9.Meera has ₹1800. In a piggy bank it stays ₹1800. In a bank at 10% simple interest per year, how many rupees more will Meera have after 1 year?
10. 10.Arjun keeps ₹1400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
11. 11.Arjun keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
12. 12.Meera keeps ₹1900 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
13. 13.Rohan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Rohan have after 4 years?
14. 14.Meera keeps ₹200 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
15. 15.Kabir keeps ₹800 in a bank. After 5 years the simple interest is ₹200. What is the rate of interest per year (in %)?
16. 16.Meera keeps ₹1400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
17. 17.Manav keeps ₹800 in a bank. After 3 years the simple interest is ₹96. What is the rate of interest per year (in %)?
18. 18.Saanvi keeps ₹2000 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
19. 19.₹300 earns 10% simple interest per year. In how many years will the interest be ₹60?
20. 20.Aditya keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
21. 21.Ishaan keeps ₹200 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
22. 22.Joseph keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
23. 23.Arjun has ₹2000. In a piggy bank it stays ₹2000. In a bank at 5% simple interest per year, how many rupees more will Arjun have after 5 years?
24. 24.Kavya keeps ₹200 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
25. 25.Tara keeps ₹1000 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
26. 26.₹200 earns 9% simple interest per year. In how many years will the interest be ₹90?
27. 27.Vivaan keeps ₹1800 in a bank. After 3 years the simple interest is ₹378. What is the rate of interest per year (in %)?
28. 28.Zoya keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
29. 29.Karan has ₹1500. In a piggy bank it stays ₹1500. In a bank at 9% simple interest per year, how many rupees more will Karan have after 1 year?
30. 30.Aarav has ₹800. In a piggy bank it stays ₹800. In a bank at 9% simple interest per year, how many rupees more will Aarav have after 5 years?
31. 31.₹1800 earns 10% simple interest per year. In how many years will the interest be ₹540?
32. 32.Gurpreet keeps ₹900 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
33. 33.Ishaan has ₹2000. In a piggy bank it stays ₹2000. In a bank at 4% simple interest per year, how many rupees more will Ishaan have after 5 years?
34. 34.Joseph keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
35. 35.Meera keeps ₹300 in a bank. After 4 years the simple interest is ₹24. What is the rate of interest per year (in %)?
36. 36.Ananya keeps ₹1600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
37. 37.Kabir keeps ₹1200 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
38. 38.₹100 earns 6% simple interest per year. In how many years will the interest be ₹12?
39. 39.Vivaan keeps ₹200 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
40. 40.Diya keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?

Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids