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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 262 · 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.₹300 earns 9% simple interest per year. In how many years will the interest be ₹54?
  2. 2.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Rohan have after 2 years?
  3. 3.Karan keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  4. 4.Kavya keeps ₹700 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.Saanvi keeps ₹300 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  6. 6.Ananya keeps ₹600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  7. 7.Diya keeps ₹1400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
  8. 8.Lakshmi keeps ₹1600 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  9. 9.Nisha keeps ₹300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.Arjun keeps ₹1400 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  11. 11.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹420?
  12. 12.Rohan keeps ₹700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  13. 13.Farhan keeps ₹1400 in a bank. After 5 years the simple interest is ₹700. What is the rate of interest per year (in %)?
  14. 14.Manav keeps ₹800 in a bank. After 4 years the simple interest is ₹64. What is the rate of interest per year (in %)?
  15. 15.Aditya keeps ₹600 in a bank. After 1 year the simple interest is ₹18. What is the rate of interest per year (in %)?
  16. 16.Aditya keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  17. 17.Joseph has ₹1800. In a piggy bank it stays ₹1800. In a bank at 9% simple interest per year, how many rupees more will Joseph have after 2 years?
  18. 18.₹100 earns 5% simple interest per year. In how many years will the interest be ₹5?
  19. 19.₹1800 earns 2% simple interest per year. In how many years will the interest be ₹180?
  20. 20.Aarav keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  21. 21.₹1500 earns 7% simple interest per year. In how many years will the interest be ₹420?
  22. 22.Gurpreet has ₹800. In a piggy bank it stays ₹800. In a bank at 2% simple interest per year, how many rupees more will Gurpreet have after 5 years?
  23. 23.₹900 earns 3% simple interest per year. In how many years will the interest be ₹135?
  24. 24.Priya keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  25. 25.Sneha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 3% simple interest per year, how many rupees more will Sneha have after 3 years?
  26. 26.Manav keeps ₹300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  27. 27.₹800 earns 7% simple interest per year. In how many years will the interest be ₹168?
  28. 28.Aarav keeps ₹2000 in a bank. After 3 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  29. 29.Ishaan keeps ₹300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  30. 30.Nisha has ₹1600. In a piggy bank it stays ₹1600. In a bank at 9% simple interest per year, how many rupees more will Nisha have after 3 years?
  31. 31.Lakshmi keeps ₹500 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  32. 32.₹1700 earns 10% simple interest per year. In how many years will the interest be ₹340?
  33. 33.Sneha keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  34. 34.₹1200 earns 9% simple interest per year. In how many years will the interest be ₹108?
  35. 35.Aarav keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  36. 36.Sneha has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Sneha have after 1 year?
  37. 37.Diya keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  38. 38.Priya keeps ₹1000 in a bank. After 5 years the simple interest is ₹500. What is the rate of interest per year (in %)?
  39. 39.₹400 earns 5% simple interest per year. In how many years will the interest be ₹60?
  40. 40.Sneha keeps ₹500 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?

Answer key

  1. 2
  2. 224
  3. 363
  4. 924
  5. 372
  6. 240
  7. 168
  8. 1760
  9. 72
  10. 1820
  11. 3
  12. 252
  13. 10
  14. 2
  15. 3
  16. 12
  17. 324
  18. 1
  19. 5
  20. 106
  21. 4
  22. 80
  23. 5
  24. 136
  25. 180
  26. 9
  27. 3
  28. 2
  29. 60
  30. 432
  31. 540
  32. 2
  33. 18
  34. 1
  35. 192
  36. 25
  37. 114
  38. 10
  39. 3
  40. 3

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