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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 269 · 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.₹2000 earns 10% simple interest per year. In how many years will the interest be ₹400?
  2. 2.Ishaan keeps ₹1100 in a bank. After 2 years the simple interest is ₹110. What is the rate of interest per year (in %)?
  3. 3.Dev has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Dev have after 3 years?
  4. 4.Priya keeps ₹1000 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.Manav has ₹1300. In a piggy bank it stays ₹1300. In a bank at 4% simple interest per year, how many rupees more will Manav have after 5 years?
  6. 6.Kavya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Kavya have after 1 year?
  7. 7.Isha keeps ₹1100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  8. 8.Farhan keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
  9. 9.Lakshmi has ₹1000. In a piggy bank it stays ₹1000. In a bank at 3% simple interest per year, how many rupees more will Lakshmi have after 2 years?
  10. 10.Diya keeps ₹500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  11. 11.Ananya keeps ₹600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.₹200 earns 9% simple interest per year. In how many years will the interest be ₹54?
  13. 13.Arjun keeps ₹800 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  14. 14.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹220?
  15. 15.Isha keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  16. 16.Farhan keeps ₹600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  17. 17.Ananya keeps ₹200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  18. 18.Nisha keeps ₹1400 in a bank. After 2 years the simple interest is ₹84. What is the rate of interest per year (in %)?
  19. 19.Kavya keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  20. 20.Ananya keeps ₹1700 in a bank. After 1 year the simple interest is ₹34. What is the rate of interest per year (in %)?
  21. 21.Gurpreet keeps ₹500 in a bank. After 1 year the simple interest is ₹20. What is the rate of interest per year (in %)?
  22. 22.Aarav keeps ₹1200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  23. 23.Pooja keeps ₹1700 in a bank. After 5 years the simple interest is ₹340. What is the rate of interest per year (in %)?
  24. 24.Meera keeps ₹100 in a bank. After 2 years the simple interest is ₹4. What is the rate of interest per year (in %)?
  25. 25.Vivaan keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  26. 26.Vivaan keeps ₹1600 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  27. 27.Diya keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  28. 28.Pooja keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  29. 29.Aditya keeps ₹1300 in a bank. After 1 year the simple interest is ₹91. What is the rate of interest per year (in %)?
  30. 30.Riya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 3% simple interest per year, how many rupees more will Riya have after 4 years?
  31. 31.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹240?
  32. 32.Priya has ₹200. In a piggy bank it stays ₹200. In a bank at 5% simple interest per year, how many rupees more will Priya have after 1 year?
  33. 33.Lakshmi has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Lakshmi have after 1 year?
  34. 34.₹1400 earns 9% simple interest per year. In how many years will the interest be ₹252?
  35. 35.Tara keeps ₹300 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  36. 36.Tara keeps ₹2000 in a bank. After 3 years the simple interest is ₹360. What is the rate of interest per year (in %)?
  37. 37.Kabir keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  38. 38.₹1500 earns 3% simple interest per year. In how many years will the interest be ₹180?
  39. 39.Zoya keeps ₹900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  40. 40.Kavya has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Kavya have after 1 year?

Answer key

  1. 2
  2. 5
  3. 108
  4. 1200
  5. 260
  6. 34
  7. 330
  8. 420
  9. 60
  10. 40
  11. 60
  12. 3
  13. 928
  14. 2
  15. 16
  16. 192
  17. 12
  18. 3
  19. 216
  20. 2
  21. 4
  22. 120
  23. 4
  24. 2
  25. 1664
  26. 1648
  27. 104
  28. 1040
  29. 7
  30. 168
  31. 2
  32. 10
  33. 36
  34. 2
  35. 375
  36. 6
  37. 14
  38. 4
  39. 324
  40. 25

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