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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 259 · 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.₹100 earns 4% simple interest per year. In how many years will the interest be ₹8?
  2. 2.Gurpreet has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Gurpreet have after 1 year?
  3. 3.Farhan keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  4. 4.Rahul keeps ₹1600 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  5. 5.Joseph keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  6. 6.Aarav keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  7. 7.Rohan keeps ₹1800 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  8. 8.Rahul keeps ₹200 in a bank. After 5 years the simple interest is ₹70. What is the rate of interest per year (in %)?
  9. 9.Priya keeps ₹1800 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  10. 10.₹1200 earns 7% simple interest per year. In how many years will the interest be ₹252?
  11. 11.₹800 earns 10% simple interest per year. In how many years will the interest be ₹240?
  12. 12.₹400 earns 6% simple interest per year. In how many years will the interest be ₹72?
  13. 13.Lakshmi keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  14. 14.Manav keeps ₹1300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  15. 15.Vivaan keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  16. 16.Rahul keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  17. 17.Aarav keeps ₹800 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  18. 18.Farhan has ₹1600. In a piggy bank it stays ₹1600. In a bank at 7% simple interest per year, how many rupees more will Farhan have after 3 years?
  19. 19.₹700 earns 10% simple interest per year. In how many years will the interest be ₹140?
  20. 20.Priya keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  21. 21.Ananya has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 4 years?
  22. 22.Diya keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  23. 23.Gurpreet has ₹300. In a piggy bank it stays ₹300. In a bank at 4% simple interest per year, how many rupees more will Gurpreet have after 5 years?
  24. 24.Riya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 9% simple interest per year, how many rupees more will Riya have after 1 year?
  25. 25.Pooja keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  26. 26.₹900 earns 9% simple interest per year. In how many years will the interest be ₹243?
  27. 27.Manav has ₹1500. In a piggy bank it stays ₹1500. In a bank at 3% simple interest per year, how many rupees more will Manav have after 2 years?
  28. 28.Kavya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 10% simple interest per year, how many rupees more will Kavya have after 5 years?
  29. 29.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹176?
  30. 30.Arjun keeps ₹800 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  31. 31.Ananya keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.Zoya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 2% simple interest per year, how many rupees more will Zoya have after 4 years?
  33. 33.Meera keeps ₹1700 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  34. 34.Rohan keeps ₹1000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  35. 35.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹56?
  36. 36.Sneha keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  37. 37.₹1500 earns 5% simple interest per year. In how many years will the interest be ₹225?
  38. 38.₹1900 earns 9% simple interest per year. In how many years will the interest be ₹171?
  39. 39.Meera keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  40. 40.Aarav keeps ₹100 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?

Answer key

  1. 2
  2. 40
  3. 36
  4. 1888
  5. 750
  6. 30
  7. 2232
  8. 7
  9. 1908
  10. 3
  11. 3
  12. 3
  13. 720
  14. 234
  15. 1680
  16. 324
  17. 920
  18. 336
  19. 2
  20. 12
  21. 16
  22. 1650
  23. 60
  24. 171
  25. 60
  26. 3
  27. 90
  28. 700
  29. 2
  30. 880
  31. 128
  32. 88
  33. 1870
  34. 120
  35. 2
  36. 320
  37. 3
  38. 1
  39. 1417
  40. 107

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