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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 248 · 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.Meera keeps ₹300 in a bank. After 5 years the simple interest is ₹150. What is the rate of interest per year (in %)?
  2. 2.Kavya keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  3. 3.Zoya keeps ₹900 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  4. 4.Manav keeps ₹500 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  5. 5.Zoya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 10% simple interest per year, how many rupees more will Zoya have after 1 year?
  6. 6.₹300 earns 10% simple interest per year. In how many years will the interest be ₹150?
  7. 7.Saanvi keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  8. 8.Manav keeps ₹500 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  9. 9.Meera has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Meera have after 3 years?
  10. 10.Lakshmi keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  11. 11.Joseph keeps ₹1300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  12. 12.Priya keeps ₹700 in a bank. After 1 year the simple interest is ₹56. What is the rate of interest per year (in %)?
  13. 13.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹96?
  14. 14.Pooja keeps ₹800 in a bank. After 1 year the simple interest is ₹16. What is the rate of interest per year (in %)?
  15. 15.Sneha keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  16. 16.Aarav has ₹1200. In a piggy bank it stays ₹1200. In a bank at 6% simple interest per year, how many rupees more will Aarav have after 3 years?
  17. 17.Priya keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  18. 18.₹500 earns 4% simple interest per year. In how many years will the interest be ₹40?
  19. 19.₹900 earns 7% simple interest per year. In how many years will the interest be ₹252?
  20. 20.Manav keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  21. 21.Ananya keeps ₹1700 in a bank. After 2 years the simple interest is ₹204. What is the rate of interest per year (in %)?
  22. 22.Manav has ₹300. In a piggy bank it stays ₹300. In a bank at 9% simple interest per year, how many rupees more will Manav have after 3 years?
  23. 23.Sneha keeps ₹300 in a bank. After 2 years the simple interest is ₹54. What is the rate of interest per year (in %)?
  24. 24.Aditya keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  25. 25.₹200 earns 8% simple interest per year. In how many years will the interest be ₹80?
  26. 26.₹800 earns 7% simple interest per year. In how many years will the interest be ₹224?
  27. 27.Arjun keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  28. 28.Diya has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Diya have after 2 years?
  29. 29.Dev keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  30. 30.Ananya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Ananya have after 2 years?
  31. 31.Kabir has ₹400. In a piggy bank it stays ₹400. In a bank at 4% simple interest per year, how many rupees more will Kabir have after 2 years?
  32. 32.₹1500 earns 6% simple interest per year. In how many years will the interest be ₹180?
  33. 33.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹256?
  34. 34.Aditya keeps ₹200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  35. 35.Diya keeps ₹1600 in a bank. After 2 years the simple interest is ₹288. What is the rate of interest per year (in %)?
  36. 36.₹200 earns 10% simple interest per year. In how many years will the interest be ₹20?
  37. 37.Gurpreet has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Gurpreet have after 1 year?
  38. 38.Gurpreet keeps ₹1000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  39. 39.Isha keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  40. 40.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹48?

Answer key

  1. 10
  2. 525
  3. 954
  4. 4
  5. 110
  6. 5
  7. 300
  8. 3
  9. 102
  10. 68
  11. 234
  12. 8
  13. 2
  14. 2
  15. 45
  16. 216
  17. 90
  18. 2
  19. 4
  20. 4
  21. 6
  22. 81
  23. 9
  24. 28
  25. 5
  26. 4
  27. 312
  28. 20
  29. 108
  30. 80
  31. 32
  32. 2
  33. 4
  34. 30
  35. 9
  36. 1
  37. 40
  38. 90
  39. 1836
  40. 1

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