Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 264 · 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.Vivaan keeps ₹600 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
2. 2.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹500?
3. 3.Karan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 6% simple interest per year, how many rupees more will Karan have after 1 year?
4. 4.Saanvi keeps ₹1400 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
5. 5.Sneha keeps ₹300 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
6. 6.₹1000 earns 3% simple interest per year. In how many years will the interest be ₹90?
7. 7.Priya keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
8. 8.Meera keeps ₹1000 in a bank. After 2 years the simple interest is ₹140. What is the rate of interest per year (in %)?
9. 9.Vivaan keeps ₹1200 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
10. 10.Aditya keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
11. 11.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹88?
12. 12.Ananya keeps ₹200 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
13. 13.₹700 earns 3% simple interest per year. In how many years will the interest be ₹21?
14. 14.Aarav keeps ₹700 in a bank. After 5 years the simple interest is ₹350. What is the rate of interest per year (in %)?
15. 15.Lakshmi keeps ₹300 in a bank. After 2 years the simple interest is ₹24. What is the rate of interest per year (in %)?
16. 16.Aditya keeps ₹1600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
17. 17.₹300 earns 8% simple interest per year. In how many years will the interest be ₹72?
18. 18.₹600 earns 9% simple interest per year. In how many years will the interest be ₹162?
19. 19.Meera keeps ₹1100 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
20. 20.Pooja keeps ₹700 in a bank. After 4 years the simple interest is ₹56. What is the rate of interest per year (in %)?
21. 21.Pooja keeps ₹600 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
22. 22.Arjun keeps ₹1600 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
23. 23.₹800 earns 4% simple interest per year. In how many years will the interest be ₹64?
24. 24.₹1800 earns 10% simple interest per year. In how many years will the interest be ₹900?
25. 25.Rahul has ₹1000. In a piggy bank it stays ₹1000. In a bank at 7% simple interest per year, how many rupees more will Rahul have after 1 year?
26. 26.Meera keeps ₹500 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
27. 27.Zoya keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
28. 28.₹500 earns 8% simple interest per year. In how many years will the interest be ₹80?
29. 29.Tara keeps ₹1900 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
30. 30.Farhan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Farhan have after 2 years?
31. 31.Kabir keeps ₹1200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
32. 32.Meera has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Meera have after 4 years?
33. 33.Ananya has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Ananya have after 4 years?
34. 34.Kabir has ₹800. In a piggy bank it stays ₹800. In a bank at 6% simple interest per year, how many rupees more will Kabir have after 3 years?
35. 35.Priya keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
36. 36.Ananya keeps ₹100 in a bank. After 5 years the simple interest is ₹45. What is the rate of interest per year (in %)?
37. 37.₹800 earns 10% simple interest per year. In how many years will the interest be ₹160?
38. 38.Kavya keeps ₹900 in a bank. After 4 years the simple interest is ₹72. What is the rate of interest per year (in %)?
39. 39.Vivaan keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
40. 40.Isha keeps ₹1800 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?

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