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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 250 · 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 ₹1600 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  2. 2.₹300 earns 4% simple interest per year. In how many years will the interest be ₹24?
  3. 3.Rohan keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  4. 4.Zoya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 9% simple interest per year, how many rupees more will Zoya have after 3 years?
  5. 5.Arjun keeps ₹200 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  6. 6.Farhan keeps ₹1600 in a bank. After 4 years the simple interest is ₹128. What is the rate of interest per year (in %)?
  7. 7.₹1400 earns 8% simple interest per year. In how many years will the interest be ₹112?
  8. 8.Aarav keeps ₹1700 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  9. 9.Joseph keeps ₹1900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  10. 10.Aditya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 5% simple interest per year, how many rupees more will Aditya have after 2 years?
  11. 11.Meera has ₹1900. In a piggy bank it stays ₹1900. In a bank at 10% simple interest per year, how many rupees more will Meera have after 2 years?
  12. 12.Dev has ₹400. In a piggy bank it stays ₹400. In a bank at 5% simple interest per year, how many rupees more will Dev have after 2 years?
  13. 13.Sneha keeps ₹1600 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  14. 14.Kabir keeps ₹100 in a bank. After 2 years the simple interest is ₹20. What is the rate of interest per year (in %)?
  15. 15.Vivaan keeps ₹900 in a bank. After 1 year the simple interest is ₹90. What is the rate of interest per year (in %)?
  16. 16.Karan keeps ₹200 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  17. 17.Meera keeps ₹900 in a bank. After 5 years the simple interest is ₹315. What is the rate of interest per year (in %)?
  18. 18.Rohan keeps ₹600 in a bank. After 1 year the simple interest is ₹42. What is the rate of interest per year (in %)?
  19. 19.Meera keeps ₹1400 in a bank. After 4 years the simple interest is ₹168. What is the rate of interest per year (in %)?
  20. 20.Vivaan has ₹200. In a piggy bank it stays ₹200. In a bank at 5% simple interest per year, how many rupees more will Vivaan have after 2 years?
  21. 21.Kabir keeps ₹300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  22. 22.₹1200 earns 3% simple interest per year. In how many years will the interest be ₹180?
  23. 23.₹1600 earns 4% simple interest per year. In how many years will the interest be ₹128?
  24. 24.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
  25. 25.Farhan keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  26. 26.₹1200 earns 8% simple interest per year. In how many years will the interest be ₹384?
  27. 27.₹1900 earns 4% simple interest per year. In how many years will the interest be ₹380?
  28. 28.Aditya keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  29. 29.Arjun has ₹1500. In a piggy bank it stays ₹1500. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 3 years?
  30. 30.Arjun keeps ₹900 in a bank. After 2 years the simple interest is ₹126. What is the rate of interest per year (in %)?
  31. 31.Isha keeps ₹1100 in a bank. After 2 years the simple interest is ₹44. What is the rate of interest per year (in %)?
  32. 32.Arjun keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  33. 33.Aditya keeps ₹2000 in a bank. After 2 years the simple interest is ₹280. What is the rate of interest per year (in %)?
  34. 34.Vivaan keeps ₹1900 in a bank. After 3 years the simple interest is ₹456. What is the rate of interest per year (in %)?
  35. 35.Ishaan keeps ₹600 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  36. 36.Kabir has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Kabir have after 4 years?
  37. 37.Zoya keeps ₹900 in a bank. After 5 years the simple interest is ₹405. What is the rate of interest per year (in %)?
  38. 38.Rohan keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.Diya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Diya have after 3 years?
  40. 40.Nisha keeps ₹700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?

Answer key

  1. 1632
  2. 2
  3. 1495
  4. 270
  5. 232
  6. 2
  7. 1
  8. 2040
  9. 152
  10. 100
  11. 380
  12. 40
  13. 2240
  14. 10
  15. 10
  16. 236
  17. 7
  18. 7
  19. 3
  20. 20
  21. 90
  22. 5
  23. 2
  24. 4
  25. 60
  26. 4
  27. 5
  28. 405
  29. 405
  30. 7
  31. 2
  32. 132
  33. 7
  34. 8
  35. 648
  36. 140
  37. 9
  38. 6
  39. 72
  40. 175

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