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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 260 · 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.Rahul keeps ₹1100 in a bank. After 4 years the simple interest is ₹88. What is the rate of interest per year (in %)?
  2. 2.Isha keeps ₹1800 in a bank. After 2 years the simple interest is ₹324. What is the rate of interest per year (in %)?
  3. 3.Ishaan keeps ₹1300 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  4. 4.Meera keeps ₹2000 in a bank. After 5 years the simple interest is ₹500. What is the rate of interest per year (in %)?
  5. 5.Zoya keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  6. 6.₹1000 earns 7% simple interest per year. In how many years will the interest be ₹70?
  7. 7.Aarav has ₹1800. In a piggy bank it stays ₹1800. In a bank at 8% simple interest per year, how many rupees more will Aarav have after 3 years?
  8. 8.Zoya keeps ₹900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  9. 9.Tara keeps ₹2000 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  10. 10.Tara keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  11. 11.Riya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 5% simple interest per year, how many rupees more will Riya have after 4 years?
  12. 12.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹420?
  13. 13.Ananya keeps ₹1100 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
  14. 14.₹1500 earns 7% simple interest per year. In how many years will the interest be ₹315?
  15. 15.Nisha has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Nisha have after 1 year?
  16. 16.₹700 earns 3% simple interest per year. In how many years will the interest be ₹84?
  17. 17.Kabir has ₹2000. In a piggy bank it stays ₹2000. In a bank at 4% simple interest per year, how many rupees more will Kabir have after 3 years?
  18. 18.Dev keeps ₹1200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  19. 19.Diya keeps ₹500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  20. 20.₹300 earns 7% simple interest per year. In how many years will the interest be ₹21?
  21. 21.Rohan keeps ₹1400 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  22. 22.Gurpreet keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  23. 23.Rahul keeps ₹700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  24. 24.Farhan has ₹600. In a piggy bank it stays ₹600. In a bank at 4% simple interest per year, how many rupees more will Farhan have after 1 year?
  25. 25.Diya keeps ₹300 in a bank. After 1 year the simple interest is ₹27. What is the rate of interest per year (in %)?
  26. 26.Lakshmi keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  27. 27.Vivaan keeps ₹1300 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  28. 28.Gurpreet keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  29. 29.₹100 earns 2% simple interest per year. In how many years will the interest be ₹6?
  30. 30.Sneha keeps ₹700 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  31. 31.Ishaan keeps ₹1500 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  32. 32.Dev has ₹1200. In a piggy bank it stays ₹1200. In a bank at 4% simple interest per year, how many rupees more will Dev have after 3 years?
  33. 33.Nisha keeps ₹400 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  34. 34.Gurpreet keeps ₹600 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  35. 35.₹600 earns 3% simple interest per year. In how many years will the interest be ₹72?
  36. 36.₹100 earns 6% simple interest per year. In how many years will the interest be ₹6?
  37. 37.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹320?
  38. 38.Manav keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  39. 39.Sneha has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Sneha have after 2 years?
  40. 40.Arjun has ₹200. In a piggy bank it stays ₹200. In a bank at 4% simple interest per year, how many rupees more will Arjun have after 3 years?

Answer key

  1. 2
  2. 9
  3. 1508
  4. 5
  5. 1450
  6. 1
  7. 432
  8. 162
  9. 2900
  10. 108
  11. 220
  12. 3
  13. 1265
  14. 3
  15. 40
  16. 4
  17. 240
  18. 360
  19. 25
  20. 1
  21. 126
  22. 1236
  23. 189
  24. 24
  25. 9
  26. 270
  27. 1625
  28. 336
  29. 3
  30. 875
  31. 1635
  32. 144
  33. 432
  34. 696
  35. 4
  36. 1
  37. 2
  38. 720
  39. 48
  40. 24

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