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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 246 · 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.₹900 earns 4% simple interest per year. In how many years will the interest be ₹72?
  2. 2.Ananya has ₹300. In a piggy bank it stays ₹300. In a bank at 2% simple interest per year, how many rupees more will Ananya have after 1 year?
  3. 3.Gurpreet keeps ₹1400 in a bank. After 1 year the simple interest is ₹126. What is the rate of interest per year (in %)?
  4. 4.Sneha keeps ₹1300 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.Vivaan keeps ₹800 in a bank. After 3 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  6. 6.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?
  7. 7.Manav has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Manav have after 1 year?
  8. 8.Vivaan keeps ₹500 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  9. 9.Kavya keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  10. 10.Vivaan keeps ₹1000 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  11. 11.Riya keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  12. 12.₹100 earns 6% simple interest per year. In how many years will the interest be ₹6?
  13. 13.Joseph has ₹1700. In a piggy bank it stays ₹1700. In a bank at 5% simple interest per year, how many rupees more will Joseph have after 1 year?
  14. 14.Lakshmi keeps ₹900 in a bank. After 1 year the simple interest is ₹81. What is the rate of interest per year (in %)?
  15. 15.Karan keeps ₹1100 in a bank. After 4 years the simple interest is ₹396. What is the rate of interest per year (in %)?
  16. 16.Kabir has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Kabir have after 1 year?
  17. 17.Karan keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  18. 18.Ananya keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  19. 19.₹300 earns 6% simple interest per year. In how many years will the interest be ₹36?
  20. 20.Isha has ₹1300. In a piggy bank it stays ₹1300. In a bank at 8% simple interest per year, how many rupees more will Isha have after 1 year?
  21. 21.Vivaan keeps ₹1900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  22. 22.Aditya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 9% simple interest per year, how many rupees more will Aditya have after 5 years?
  23. 23.Aarav keeps ₹200 in a bank. After 3 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  24. 24.Karan keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  25. 25.₹300 earns 8% simple interest per year. In how many years will the interest be ₹24?
  26. 26.Vivaan keeps ₹600 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  27. 27.Kabir keeps ₹400 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  28. 28.Diya keeps ₹800 in a bank. After 3 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  29. 29.Aarav keeps ₹800 in a bank. After 2 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  30. 30.Saanvi has ₹1700. In a piggy bank it stays ₹1700. In a bank at 10% simple interest per year, how many rupees more will Saanvi have after 3 years?
  31. 31.Arjun has ₹1900. In a piggy bank it stays ₹1900. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 4 years?
  32. 32.Zoya keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  33. 33.Tara keeps ₹1300 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  34. 34.Farhan keeps ₹1700 in a bank. After 1 year the simple interest is ₹170. What is the rate of interest per year (in %)?
  35. 35.₹1300 earns 6% simple interest per year. In how many years will the interest be ₹312?
  36. 36.₹700 earns 2% simple interest per year. In how many years will the interest be ₹70?
  37. 37.Rahul keeps ₹1800 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  38. 38.Joseph keeps ₹300 in a bank. After 3 years the simple interest is ₹27. What is the rate of interest per year (in %)?
  39. 39.Manav keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  40. 40.Rahul keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?

Answer key

  1. 2
  2. 6
  3. 9
  4. 1508
  5. 5
  6. 51
  7. 24
  8. 600
  9. 424
  10. 60
  11. 190
  12. 1
  13. 85
  14. 9
  15. 9
  16. 5
  17. 4
  18. 124
  19. 2
  20. 104
  21. 684
  22. 540
  23. 5
  24. 810
  25. 1
  26. 4
  27. 420
  28. 6
  29. 7
  30. 510
  31. 684
  32. 99
  33. 1885
  34. 10
  35. 4
  36. 5
  37. 288
  38. 3
  39. 135
  40. 72

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