Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 276 · 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.Ananya keeps ₹1500 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
2. 2.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹110?
3. 3.Sneha keeps ₹300 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
4. 4.Tara has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Tara have after 1 year?
5. 5.₹900 earns 9% simple interest per year. In how many years will the interest be ₹324?
6. 6.Zoya keeps ₹500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
7. 7.Rahul has ₹1200. In a piggy bank it stays ₹1200. In a bank at 6% simple interest per year, how many rupees more will Rahul have after 1 year?
8. 8.Isha keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
9. 9.Lakshmi has ₹1200. In a piggy bank it stays ₹1200. In a bank at 7% simple interest per year, how many rupees more will Lakshmi have after 3 years?
10. 10.Aditya keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
11. 11.Tara has ₹800. In a piggy bank it stays ₹800. In a bank at 7% simple interest per year, how many rupees more will Tara have after 4 years?
12. 12.Ishaan keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
13. 13.₹800 earns 9% simple interest per year. In how many years will the interest be ₹288?
14. 14.Vivaan keeps ₹800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
15. 15.Meera keeps ₹1300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
16. 16.Joseph keeps ₹900 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
17. 17.Lakshmi keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
18. 18.Manav keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
19. 19.Nisha keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
20. 20.Nisha has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Nisha have after 2 years?
21. 21.Priya keeps ₹1600 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
22. 22.Sneha has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Sneha have after 4 years?
23. 23.Lakshmi keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
24. 24.Rohan keeps ₹100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
25. 25.Isha keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
26. 26.Ishaan has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Ishaan have after 1 year?
27. 27.Gurpreet has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Gurpreet have after 1 year?
28. 28.Vivaan keeps ₹200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
29. 29.₹300 earns 9% simple interest per year. In how many years will the interest be ₹108?
30. 30.Kavya keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
31. 31.Riya keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
32. 32.Aditya has ₹700. In a piggy bank it stays ₹700. In a bank at 9% simple interest per year, how many rupees more will Aditya have after 2 years?
33. 33.Gurpreet has ₹1700. In a piggy bank it stays ₹1700. In a bank at 8% simple interest per year, how many rupees more will Gurpreet have after 5 years?
34. 34.₹100 earns 6% simple interest per year. In how many years will the interest be ₹30?
35. 35.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹480?
36. 36.Riya keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
37. 37.Nisha keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
38. 38.Nisha keeps ₹600 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
39. 39.Nisha keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
40. 40.Gurpreet keeps ₹1500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?

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