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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 249 · 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.Zoya keeps ₹700 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  2. 2.Tara keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  3. 3.Joseph keeps ₹1500 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  4. 4.Aditya keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  5. 5.₹500 earns 7% simple interest per year. In how many years will the interest be ₹35?
  6. 6.Riya keeps ₹300 in a bank. After 3 years the simple interest is ₹18. What is the rate of interest per year (in %)?
  7. 7.₹700 earns 5% simple interest per year. In how many years will the interest be ₹35?
  8. 8.Karan keeps ₹900 in a bank. After 5 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  9. 9.Kabir keeps ₹100 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  10. 10.₹600 earns 4% simple interest per year. In how many years will the interest be ₹120?
  11. 11.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹760?
  12. 12.Aditya keeps ₹1500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  13. 13.Aarav has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Aarav have after 2 years?
  14. 14.Riya keeps ₹1700 in a bank. After 3 years the simple interest is ₹204. What is the rate of interest per year (in %)?
  15. 15.Priya keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  16. 16.Gurpreet has ₹800. In a piggy bank it stays ₹800. In a bank at 6% simple interest per year, how many rupees more will Gurpreet have after 2 years?
  17. 17.Diya keeps ₹200 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  18. 18.Karan keeps ₹1200 in a bank. After 1 year the simple interest is ₹120. What is the rate of interest per year (in %)?
  19. 19.Farhan keeps ₹100 in a bank. After 2 years the simple interest is ₹20. What is the rate of interest per year (in %)?
  20. 20.Manav keeps ₹1000 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  21. 21.Farhan has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Farhan have after 5 years?
  22. 22.₹1700 earns 4% simple interest per year. In how many years will the interest be ₹136?
  23. 23.Lakshmi keeps ₹1400 in a bank. After 4 years the simple interest is ₹504. What is the rate of interest per year (in %)?
  24. 24.Aditya keeps ₹1200 in a bank. After 4 years the simple interest is ₹432. What is the rate of interest per year (in %)?
  25. 25.Sneha keeps ₹800 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  26. 26.Arjun keeps ₹500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.Vivaan keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  28. 28.Ananya keeps ₹200 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  29. 29.₹200 earns 8% simple interest per year. In how many years will the interest be ₹64?
  30. 30.Dev has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Dev have after 1 year?
  31. 31.₹1200 earns 10% simple interest per year. In how many years will the interest be ₹120?
  32. 32.₹1700 earns 4% simple interest per year. In how many years will the interest be ₹340?
  33. 33.Kavya keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  34. 34.Ishaan keeps ₹200 in a bank. After 4 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  35. 35.Aarav keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  36. 36.Dev keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  37. 37.₹600 earns 3% simple interest per year. In how many years will the interest be ₹72?
  38. 38.Zoya keeps ₹1800 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  39. 39.₹1000 earns 9% simple interest per year. In how many years will the interest be ₹90?
  40. 40.Kavya keeps ₹1600 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?

Answer key

  1. 728
  2. 1568
  3. 1560
  4. 100
  5. 1
  6. 2
  7. 1
  8. 2
  9. 130
  10. 5
  11. 5
  12. 240
  13. 72
  14. 4
  15. 28
  16. 96
  17. 280
  18. 10
  19. 10
  20. 1100
  21. 20
  22. 2
  23. 9
  24. 9
  25. 64
  26. 30
  27. 100
  28. 290
  29. 4
  30. 34
  31. 1
  32. 5
  33. 96
  34. 6
  35. 545
  36. 140
  37. 4
  38. 1854
  39. 1
  40. 2000

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