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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 266 · 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.Saanvi keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  2. 2.Kabir has ₹1800. In a piggy bank it stays ₹1800. In a bank at 8% simple interest per year, how many rupees more will Kabir have after 3 years?
  3. 3.₹2000 earns 5% simple interest per year. In how many years will the interest be ₹300?
  4. 4.Ishaan keeps ₹100 in a bank. After 5 years the simple interest is ₹45. What is the rate of interest per year (in %)?
  5. 5.₹1300 earns 4% simple interest per year. In how many years will the interest be ₹208?
  6. 6.₹600 earns 4% simple interest per year. In how many years will the interest be ₹120?
  7. 7.Gurpreet keeps ₹1800 in a bank. After 3 years the simple interest is ₹540. What is the rate of interest per year (in %)?
  8. 8.Kabir keeps ₹200 in a bank. After 4 years the simple interest is ₹64. What is the rate of interest per year (in %)?
  9. 9.Ananya keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  10. 10.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹48?
  11. 11.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹392?
  12. 12.Isha keeps ₹800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  13. 13.Riya has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Riya have after 3 years?
  14. 14.Manav keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  15. 15.Dev keeps ₹1800 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  16. 16.Aarav has ₹700. In a piggy bank it stays ₹700. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 1 year?
  17. 17.Vivaan keeps ₹1300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  18. 18.₹800 earns 3% simple interest per year. In how many years will the interest be ₹24?
  19. 19.Nisha keeps ₹1700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  20. 20.Aditya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 8% simple interest per year, how many rupees more will Aditya have after 2 years?
  21. 21.Karan keeps ₹1200 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  22. 22.Nisha keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  23. 23.Farhan keeps ₹400 in a bank. After 1 year the simple interest is ₹36. What is the rate of interest per year (in %)?
  24. 24.Isha keeps ₹1400 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  25. 25.Arjun keeps ₹1900 in a bank. After 4 years the simple interest is ₹304. What is the rate of interest per year (in %)?
  26. 26.Isha keeps ₹1700 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  27. 27.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹140?
  28. 28.Farhan keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  29. 29.Nisha keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  30. 30.Nisha keeps ₹700 in a bank. After 2 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  31. 31.Meera keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  32. 32.Kabir keeps ₹400 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  33. 33.Farhan keeps ₹1200 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  34. 34.Ishaan keeps ₹800 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  35. 35.Rahul has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Rahul have after 1 year?
  36. 36.Diya keeps ₹1900 in a bank. After 2 years the simple interest is ₹228. What is the rate of interest per year (in %)?
  37. 37.Gurpreet keeps ₹600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  38. 38.Aarav keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  39. 39.Sneha keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  40. 40.Ishaan keeps ₹400 in a bank. After 3 years the simple interest is ₹84. What is the rate of interest per year (in %)?

Answer key

  1. 102
  2. 432
  3. 3
  4. 9
  5. 4
  6. 5
  7. 10
  8. 8
  9. 56
  10. 2
  11. 4
  12. 16
  13. 105
  14. 408
  15. 1962
  16. 21
  17. 52
  18. 1
  19. 765
  20. 240
  21. 2
  22. 30
  23. 9
  24. 1428
  25. 4
  26. 1819
  27. 1
  28. 24
  29. 80
  30. 8
  31. 28
  32. 472
  33. 1416
  34. 3
  35. 48
  36. 6
  37. 162
  38. 1870
  39. 1545
  40. 7

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