Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 257 · 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.₹100 earns 2% simple interest per year. In how many years will the interest be ₹2?
2. 2.Rohan keeps ₹300 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
3. 3.Kabir has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Kabir have after 3 years?
4. 4.Riya keeps ₹1700 in a bank. After 5 years the simple interest is ₹595. What is the rate of interest per year (in %)?
5. 5.Ananya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 9% simple interest per year, how many rupees more will Ananya have after 2 years?
6. 6.Kavya keeps ₹1400 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
7. 7.Aditya keeps ₹1700 in a bank. After 1 year the simple interest is ₹34. What is the rate of interest per year (in %)?
8. 8.₹2000 earns 7% simple interest per year. In how many years will the interest be ₹420?
9. 9.Ananya keeps ₹600 in a bank. After 3 years the simple interest is ₹54. What is the rate of interest per year (in %)?
10. 10.Isha keeps ₹400 in a bank. After 1 year the simple interest is ₹40. What is the rate of interest per year (in %)?
11. 11.Saanvi keeps ₹800 in a bank. After 1 year the simple interest is ₹56. What is the rate of interest per year (in %)?
12. 12.Dev keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
13. 13.Dev keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
14. 14.Rahul keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
15. 15.Manav keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
16. 16.Lakshmi has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Lakshmi have after 4 years?
17. 17.Aarav keeps ₹1100 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
18. 18.Joseph keeps ₹400 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
19. 19.Aditya keeps ₹1600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
20. 20.Lakshmi keeps ₹1100 in a bank. After 5 years the simple interest is ₹495. What is the rate of interest per year (in %)?
21. 21.₹800 earns 4% simple interest per year. In how many years will the interest be ₹64?
22. 22.Ishaan has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Ishaan have after 4 years?
23. 23.Lakshmi keeps ₹500 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
24. 24.Isha keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
25. 25.₹200 earns 9% simple interest per year. In how many years will the interest be ₹72?
26. 26.Ananya keeps ₹200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
27. 27.Dev keeps ₹900 in a bank. After 2 years the simple interest is ₹36. What is the rate of interest per year (in %)?
28. 28.Saanvi keeps ₹400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
29. 29.Karan keeps ₹1100 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
30. 30.Nisha keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
31. 31.Kavya has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Kavya have after 3 years?
32. 32.Ananya keeps ₹100 in a bank. After 5 years the simple interest is ₹15. What is the rate of interest per year (in %)?
33. 33.Nisha keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
34. 34.₹100 earns 3% simple interest per year. In how many years will the interest be ₹6?
35. 35.Gurpreet has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Gurpreet have after 1 year?
36. 36.Rohan keeps ₹500 in a bank. After 3 years the simple interest is ₹120. What is the rate of interest per year (in %)?
37. 37.Riya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 3% simple interest per year, how many rupees more will Riya have after 5 years?
38. 38.Joseph has ₹1900. In a piggy bank it stays ₹1900. In a bank at 2% simple interest per year, how many rupees more will Joseph have after 3 years?
39. 39.Ananya keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
40. 40.Manav keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?

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