← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 273 · 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.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹540?
  2. 2.Rahul has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Rahul have after 4 years?
  3. 3.₹1600 earns 6% simple interest per year. In how many years will the interest be ₹384?
  4. 4.Vivaan keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹48?
  6. 6.Ishaan keeps ₹1600 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  7. 7.₹400 earns 10% simple interest per year. In how many years will the interest be ₹160?
  8. 8.Rohan has ₹500. In a piggy bank it stays ₹500. In a bank at 10% simple interest per year, how many rupees more will Rohan have after 2 years?
  9. 9.Rohan keeps ₹600 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  10. 10.Arjun keeps ₹500 in a bank. After 1 year the simple interest is ₹25. What is the rate of interest per year (in %)?
  11. 11.Rohan keeps ₹1700 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  12. 12.₹800 earns 5% simple interest per year. In how many years will the interest be ₹40?
  13. 13.Rohan keeps ₹500 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  14. 14.₹600 earns 4% simple interest per year. In how many years will the interest be ₹120?
  15. 15.Joseph keeps ₹200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  16. 16.Nisha keeps ₹1300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  17. 17.Arjun keeps ₹1900 in a bank. After 5 years the simple interest is ₹190. What is the rate of interest per year (in %)?
  18. 18.Kabir keeps ₹700 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  19. 19.Rahul keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  20. 20.₹100 earns 8% simple interest per year. In how many years will the interest be ₹40?
  21. 21.Kavya keeps ₹1600 in a bank. After 4 years the simple interest is ₹640. What is the rate of interest per year (in %)?
  22. 22.Ishaan keeps ₹600 in a bank. After 4 years the simple interest is ₹240. What is the rate of interest per year (in %)?
  23. 23.Sneha keeps ₹700 in a bank. After 2 years the simple interest is ₹42. What is the rate of interest per year (in %)?
  24. 24.₹900 earns 10% simple interest per year. In how many years will the interest be ₹450?
  25. 25.Saanvi keeps ₹1500 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  26. 26.Ananya keeps ₹1000 in a bank. After 1 year the simple interest is ₹80. What is the rate of interest per year (in %)?
  27. 27.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 9% simple interest per year, how many rupees more will Rohan have after 3 years?
  28. 28.Dev has ₹1900. In a piggy bank it stays ₹1900. In a bank at 2% simple interest per year, how many rupees more will Dev have after 3 years?
  29. 29.Riya keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Kabir keeps ₹800 in a bank. After 3 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  31. 31.Kabir keeps ₹100 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  32. 32.Karan keeps ₹300 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  33. 33.Arjun keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  34. 34.Joseph has ₹1400. In a piggy bank it stays ₹1400. In a bank at 5% simple interest per year, how many rupees more will Joseph have after 1 year?
  35. 35.Aarav keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  36. 36.Pooja keeps ₹600 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  37. 37.Nisha keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  38. 38.Manav keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  39. 39.Isha keeps ₹200 in a bank. After 3 years the simple interest is ₹12. What is the rate of interest per year (in %)?
  40. 40.Arjun keeps ₹1500 in a bank. After 1 year the simple interest is ₹135. What is the rate of interest per year (in %)?

Answer key

  1. 5
  2. 48
  3. 4
  4. 1612
  5. 1
  6. 1744
  7. 4
  8. 100
  9. 10
  10. 5
  11. 1904
  12. 1
  13. 90
  14. 5
  15. 16
  16. 78
  17. 2
  18. 1015
  19. 128
  20. 5
  21. 10
  22. 10
  23. 3
  24. 5
  25. 1860
  26. 8
  27. 378
  28. 114
  29. 495
  30. 4
  31. 120
  32. 5
  33. 1080
  34. 70
  35. 484
  36. 840
  37. 1596
  38. 1040
  39. 2
  40. 9

Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids