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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 270 · 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.₹600 earns 6% simple interest per year. In how many years will the interest be ₹144?
  2. 2.Dev keeps ₹200 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  3. 3.Saanvi has ₹500. In a piggy bank it stays ₹500. In a bank at 4% simple interest per year, how many rupees more will Saanvi have after 5 years?
  4. 4.Aarav keeps ₹100 in a bank. After 3 years the simple interest is ₹21. What is the rate of interest per year (in %)?
  5. 5.Karan keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  6. 6.Farhan has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Farhan have after 5 years?
  7. 7.Aditya keeps ₹1300 in a bank. After 1 year the simple interest is ₹52. What is the rate of interest per year (in %)?
  8. 8.Rohan keeps ₹400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  9. 9.Riya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 2% simple interest per year, how many rupees more will Riya have after 1 year?
  10. 10.₹700 earns 2% simple interest per year. In how many years will the interest be ₹28?
  11. 11.Tara keeps ₹800 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  12. 12.Ananya has ₹800. In a piggy bank it stays ₹800. In a bank at 4% simple interest per year, how many rupees more will Ananya have after 1 year?
  13. 13.Kabir has ₹1500. In a piggy bank it stays ₹1500. In a bank at 4% simple interest per year, how many rupees more will Kabir have after 4 years?
  14. 14.Karan keeps ₹1800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  15. 15.Gurpreet keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  16. 16.₹1100 earns 9% simple interest per year. In how many years will the interest be ₹297?
  17. 17.Manav has ₹1600. In a piggy bank it stays ₹1600. In a bank at 2% simple interest per year, how many rupees more will Manav have after 3 years?
  18. 18.Rahul keeps ₹200 in a bank. After 5 years the simple interest is ₹70. What is the rate of interest per year (in %)?
  19. 19.Isha keeps ₹1500 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  20. 20.Kabir keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  21. 21.Diya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 10% simple interest per year, how many rupees more will Diya have after 1 year?
  22. 22.Aditya keeps ₹200 in a bank. After 1 year the simple interest is ₹18. What is the rate of interest per year (in %)?
  23. 23.Lakshmi keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  24. 24.Aditya keeps ₹600 in a bank. After 5 years the simple interest is ₹270. What is the rate of interest per year (in %)?
  25. 25.Vivaan keeps ₹1800 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  26. 26.Zoya keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  27. 27.Priya keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  28. 28.Riya keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  29. 29.₹1800 earns 2% simple interest per year. In how many years will the interest be ₹36?
  30. 30.Nisha keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
  31. 31.Manav keeps ₹800 in a bank. After 2 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  32. 32.Diya keeps ₹1800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  33. 33.Meera has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Meera have after 1 year?
  34. 34.Farhan keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  35. 35.Lakshmi keeps ₹900 in a bank. After 2 years the simple interest is ₹54. What is the rate of interest per year (in %)?
  36. 36.Kavya keeps ₹1100 in a bank. After 5 years the simple interest is ₹220. What is the rate of interest per year (in %)?
  37. 37.Vivaan keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  38. 38.Farhan keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  39. 39.Dev has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Dev have after 1 year?
  40. 40.Ananya keeps ₹300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?

Answer key

  1. 4
  2. 212
  3. 100
  4. 7
  5. 112
  6. 20
  7. 4
  8. 180
  9. 38
  10. 2
  11. 1160
  12. 32
  13. 240
  14. 270
  15. 990
  16. 3
  17. 96
  18. 7
  19. 2175
  20. 460
  21. 100
  22. 9
  23. 120
  24. 9
  25. 1908
  26. 80
  27. 90
  28. 380
  29. 1
  30. 48
  31. 7
  32. 378
  33. 27
  34. 1545
  35. 3
  36. 4
  37. 1495
  38. 18
  39. 48
  40. 72

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