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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 277 · 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.₹1900 earns 9% simple interest per year. In how many years will the interest be ₹513?
  2. 2.Farhan has ₹500. In a piggy bank it stays ₹500. In a bank at 9% simple interest per year, how many rupees more will Farhan have after 2 years?
  3. 3.Tara keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  4. 4.Dev keeps ₹100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  5. 5.Pooja keeps ₹1800 in a bank. After 2 years the simple interest is ₹360. What is the rate of interest per year (in %)?
  6. 6.Meera keeps ₹1100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  7. 7.Aarav keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  8. 8.₹600 earns 6% simple interest per year. In how many years will the interest be ₹108?
  9. 9.Dev has ₹2000. In a piggy bank it stays ₹2000. In a bank at 6% simple interest per year, how many rupees more will Dev have after 1 year?
  10. 10.Nisha has ₹300. In a piggy bank it stays ₹300. In a bank at 4% simple interest per year, how many rupees more will Nisha have after 4 years?
  11. 11.Karan keeps ₹500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.Tara keeps ₹1900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  13. 13.Pooja keeps ₹300 in a bank at 2% simple interest per year. How much money will there be after 5 years (in ₹)?
  14. 14.Saanvi keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  15. 15.₹1700 earns 8% simple interest per year. In how many years will the interest be ₹272?
  16. 16.₹200 earns 2% simple interest per year. In how many years will the interest be ₹16?
  17. 17.Riya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 4% simple interest per year, how many rupees more will Riya have after 4 years?
  18. 18.Aditya keeps ₹1500 in a bank. After 1 year the simple interest is ₹135. What is the rate of interest per year (in %)?
  19. 19.Gurpreet keeps ₹800 in a bank. After 4 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  20. 20.Lakshmi has ₹1900. In a piggy bank it stays ₹1900. In a bank at 6% simple interest per year, how many rupees more will Lakshmi have after 3 years?
  21. 21.Saanvi has ₹1300. In a piggy bank it stays ₹1300. In a bank at 7% simple interest per year, how many rupees more will Saanvi have after 2 years?
  22. 22.Saanvi keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  23. 23.Rahul keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  24. 24.Saanvi keeps ₹1500 in a bank. After 1 year the simple interest is ₹90. What is the rate of interest per year (in %)?
  25. 25.₹1000 earns 2% simple interest per year. In how many years will the interest be ₹60?
  26. 26.Ananya keeps ₹1600 in a bank. After 5 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  27. 27.Isha has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Isha have after 3 years?
  28. 28.Ishaan keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  29. 29.Meera keeps ₹1900 in a bank. After 1 year the simple interest is ₹171. What is the rate of interest per year (in %)?
  30. 30.Ananya has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Ananya have after 4 years?
  31. 31.Sneha keeps ₹100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  32. 32.Zoya keeps ₹300 in a bank. After 2 years the simple interest is ₹30. What is the rate of interest per year (in %)?
  33. 33.Pooja keeps ₹1100 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  34. 34.Joseph keeps ₹500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  35. 35.Aarav keeps ₹1400 in a bank. After 1 year the simple interest is ₹98. What is the rate of interest per year (in %)?
  36. 36.Lakshmi keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  37. 37.Sneha keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  38. 38.Karan keeps ₹1600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.Nisha keeps ₹800 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
  40. 40.Kavya keeps ₹700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?

Answer key

  1. 3
  2. 90
  3. 256
  4. 40
  5. 10
  6. 198
  7. 112
  8. 3
  9. 120
  10. 48
  11. 25
  12. 532
  13. 330
  14. 512
  15. 2
  16. 4
  17. 256
  18. 9
  19. 3
  20. 342
  21. 182
  22. 642
  23. 120
  24. 6
  25. 3
  26. 2
  27. 30
  28. 1856
  29. 9
  30. 16
  31. 5
  32. 5
  33. 1265
  34. 200
  35. 7
  36. 200
  37. 1512
  38. 160
  39. 96
  40. 105

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