Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 272 · 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.Riya keeps ₹400 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
2. 2.Lakshmi keeps ₹400 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
3. 3.Dev keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
4. 4.Rahul keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
5. 5.₹400 earns 6% simple interest per year. In how many years will the interest be ₹24?
6. 6.Kavya keeps ₹600 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
7. 7.Nisha keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
8. 8.Kavya keeps ₹800 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
9. 9.Rohan has ₹600. In a piggy bank it stays ₹600. In a bank at 8% simple interest per year, how many rupees more will Rohan have after 5 years?
10. 10.₹300 earns 5% simple interest per year. In how many years will the interest be ₹45?
11. 11.₹700 earns 8% simple interest per year. In how many years will the interest be ₹168?
12. 12.Nisha keeps ₹1900 in a bank. After 4 years the simple interest is ₹152. What is the rate of interest per year (in %)?
13. 13.₹1400 earns 7% simple interest per year. In how many years will the interest be ₹294?
14. 14.Gurpreet has ₹100. In a piggy bank it stays ₹100. In a bank at 6% simple interest per year, how many rupees more will Gurpreet have after 1 year?
15. 15.Gurpreet keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
16. 16.Riya has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Riya have after 5 years?
17. 17.Saanvi has ₹1800. In a piggy bank it stays ₹1800. In a bank at 8% simple interest per year, how many rupees more will Saanvi have after 2 years?
18. 18.₹1400 earns 6% simple interest per year. In how many years will the interest be ₹420?
19. 19.Ishaan keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
20. 20.Arjun keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
21. 21.₹1800 earns 5% simple interest per year. In how many years will the interest be ₹90?
22. 22.Karan has ₹1800. In a piggy bank it stays ₹1800. In a bank at 8% simple interest per year, how many rupees more will Karan have after 3 years?
23. 23.Ananya keeps ₹1900 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
24. 24.Lakshmi keeps ₹1300 in a bank. After 1 year the simple interest is ₹78. What is the rate of interest per year (in %)?
25. 25.Meera keeps ₹1800 in a bank. After 3 years the simple interest is ₹540. What is the rate of interest per year (in %)?
26. 26.₹1000 earns 9% simple interest per year. In how many years will the interest be ₹360?
27. 27.₹200 earns 8% simple interest per year. In how many years will the interest be ₹16?
28. 28.Aarav has ₹200. In a piggy bank it stays ₹200. In a bank at 8% simple interest per year, how many rupees more will Aarav have after 1 year?
29. 29.₹800 earns 7% simple interest per year. In how many years will the interest be ₹168?
30. 30.Karan has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Karan have after 1 year?
31. 31.Priya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 5% simple interest per year, how many rupees more will Priya have after 4 years?
32. 32.Ishaan has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Ishaan have after 1 year?
33. 33.Sneha keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
34. 34.Arjun keeps ₹1600 in a bank. After 1 year the simple interest is ₹96. What is the rate of interest per year (in %)?
35. 35.Arjun keeps ₹1400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
36. 36.Saanvi keeps ₹700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
37. 37.₹1700 earns 7% simple interest per year. In how many years will the interest be ₹357?
38. 38.Lakshmi keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
39. 39.Kavya keeps ₹200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
40. 40.Manav keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?

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