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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 268 · 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.Meera keeps ₹1300 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  2. 2.Rohan keeps ₹1900 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  3. 3.Priya keeps ₹300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  4. 4.₹400 earns 10% simple interest per year. In how many years will the interest be ₹80?
  5. 5.Gurpreet keeps ₹900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  6. 6.Kavya keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  7. 7.Farhan keeps ₹1000 in a bank. After 3 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  8. 8.₹300 earns 10% simple interest per year. In how many years will the interest be ₹120?
  9. 9.₹500 earns 9% simple interest per year. In how many years will the interest be ₹180?
  10. 10.₹500 earns 8% simple interest per year. In how many years will the interest be ₹120?
  11. 11.Farhan keeps ₹500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  12. 12.Riya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 4% simple interest per year, how many rupees more will Riya have after 4 years?
  13. 13.Saanvi has ₹400. In a piggy bank it stays ₹400. In a bank at 3% simple interest per year, how many rupees more will Saanvi have after 1 year?
  14. 14.Lakshmi keeps ₹1900 in a bank. After 4 years the simple interest is ₹760. What is the rate of interest per year (in %)?
  15. 15.Meera keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  16. 16.Kabir keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  17. 17.Priya keeps ₹1400 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  18. 18.Aarav keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  19. 19.Manav keeps ₹400 in a bank. After 5 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  20. 20.Rohan keeps ₹1800 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  21. 21.Dev keeps ₹600 in a bank. After 1 year the simple interest is ₹30. What is the rate of interest per year (in %)?
  22. 22.Joseph keeps ₹1800 in a bank. After 2 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  23. 23.Kabir has ₹600. In a piggy bank it stays ₹600. In a bank at 7% simple interest per year, how many rupees more will Kabir have after 5 years?
  24. 24.Ananya keeps ₹1000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  25. 25.Dev keeps ₹400 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  26. 26.₹1900 earns 3% simple interest per year. In how many years will the interest be ₹285?
  27. 27.Ananya keeps ₹1100 in a bank. After 5 years the simple interest is ₹440. What is the rate of interest per year (in %)?
  28. 28.₹500 earns 8% simple interest per year. In how many years will the interest be ₹200?
  29. 29.Manav keeps ₹100 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  30. 30.Meera keeps ₹400 in a bank. After 4 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  31. 31.Gurpreet keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.Ananya keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  33. 33.Nisha keeps ₹200 in a bank. After 3 years the simple interest is ₹42. What is the rate of interest per year (in %)?
  34. 34.Lakshmi keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  35. 35.₹1500 earns 8% simple interest per year. In how many years will the interest be ₹120?
  36. 36.Priya has ₹1500. In a piggy bank it stays ₹1500. In a bank at 8% simple interest per year, how many rupees more will Priya have after 2 years?
  37. 37.Dev keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  38. 38.Priya keeps ₹400 in a bank. After 3 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  39. 39.Priya keeps ₹800 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  40. 40.Farhan keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?

Answer key

  1. 1820
  2. 2014
  3. 9
  4. 2
  5. 216
  6. 1498
  7. 8
  8. 4
  9. 4
  10. 3
  11. 150
  12. 192
  13. 12
  14. 10
  15. 1350
  16. 456
  17. 2100
  18. 81
  19. 3
  20. 2016
  21. 5
  22. 4
  23. 210
  24. 150
  25. 440
  26. 5
  27. 8
  28. 5
  29. 115
  30. 10
  31. 256
  32. 180
  33. 7
  34. 90
  35. 1
  36. 240
  37. 306
  38. 8
  39. 1088
  40. 36

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