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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 26 · 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.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹324?
  2. 2.Aarav keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  3. 3.Joseph keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  4. 4.Diya keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
  5. 5.₹100 earns 8% simple interest per year. In how many years will the interest be ₹16?
  6. 6.₹300 earns 9% simple interest per year. In how many years will the interest be ₹27?
  7. 7.₹600 earns 4% simple interest per year. In how many years will the interest be ₹96?
  8. 8.₹1400 earns 3% simple interest per year. In how many years will the interest be ₹126?
  9. 9.Isha keeps ₹1900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  10. 10.Karan keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  11. 11.₹200 earns 8% simple interest per year. In how many years will the interest be ₹16?
  12. 12.Farhan keeps ₹1600 in a bank. After 2 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  13. 13.Zoya keeps ₹1200 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  14. 14.Meera has ₹2000. In a piggy bank it stays ₹2000. In a bank at 9% simple interest per year, how many rupees more will Meera have after 3 years?
  15. 15.Farhan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Farhan have after 2 years?
  16. 16.Joseph has ₹1700. In a piggy bank it stays ₹1700. In a bank at 8% simple interest per year, how many rupees more will Joseph have after 1 year?
  17. 17.Riya keeps ₹400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  18. 18.Ananya keeps ₹200 in a bank. After 4 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  19. 19.Arjun keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  20. 20.Priya keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  21. 21.Manav keeps ₹500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  22. 22.Pooja keeps ₹1700 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  23. 23.Kavya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 8% simple interest per year, how many rupees more will Kavya have after 5 years?
  24. 24.Ananya keeps ₹600 in a bank. After 5 years the simple interest is ₹210. What is the rate of interest per year (in %)?
  25. 25.Aarav keeps ₹200 in a bank. After 1 year the simple interest is ₹8. What is the rate of interest per year (in %)?
  26. 26.Isha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 7% simple interest per year, how many rupees more will Isha have after 1 year?
  27. 27.Tara keeps ₹2000 in a bank. After 3 years the simple interest is ₹360. What is the rate of interest per year (in %)?
  28. 28.₹1700 earns 8% simple interest per year. In how many years will the interest be ₹680?
  29. 29.Saanvi keeps ₹700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  30. 30.Sneha keeps ₹1400 in a bank. After 4 years the simple interest is ₹392. What is the rate of interest per year (in %)?
  31. 31.Priya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 4% simple interest per year, how many rupees more will Priya have after 1 year?
  32. 32.Saanvi keeps ₹1600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  33. 33.Ananya keeps ₹1000 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  34. 34.Saanvi has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Saanvi have after 4 years?
  35. 35.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹240?
  36. 36.₹1100 earns 5% simple interest per year. In how many years will the interest be ₹275?
  37. 37.Farhan keeps ₹1500 in a bank. After 4 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  38. 38.Nisha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 10% simple interest per year, how many rupees more will Nisha have after 5 years?
  39. 39.Manav keeps ₹1300 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  40. 40.Aditya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 7% simple interest per year, how many rupees more will Aditya have after 2 years?

Answer key

  1. 3
  2. 1760
  3. 525
  4. 72
  5. 2
  6. 1
  7. 4
  8. 3
  9. 266
  10. 120
  11. 1
  12. 5
  13. 1344
  14. 540
  15. 78
  16. 136
  17. 100
  18. 9
  19. 54
  20. 1728
  21. 90
  22. 2210
  23. 760
  24. 7
  25. 4
  26. 140
  27. 6
  28. 5
  29. 147
  30. 7
  31. 60
  32. 144
  33. 60
  34. 352
  35. 2
  36. 5
  37. 3
  38. 700
  39. 1820
  40. 196

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