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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 283 · 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.Kabir keeps ₹900 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  2. 2.Arjun keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  3. 3.Joseph keeps ₹800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  4. 4.₹500 earns 4% simple interest per year. In how many years will the interest be ₹60?
  5. 5.Rahul has ₹700. In a piggy bank it stays ₹700. In a bank at 3% simple interest per year, how many rupees more will Rahul have after 5 years?
  6. 6.Diya keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  7. 7.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹40?
  8. 8.Tara keeps ₹1800 in a bank. After 4 years the simple interest is ₹504. What is the rate of interest per year (in %)?
  9. 9.₹600 earns 6% simple interest per year. In how many years will the interest be ₹108?
  10. 10.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹550?
  11. 11.Manav keeps ₹1800 in a bank. After 3 years the simple interest is ₹486. What is the rate of interest per year (in %)?
  12. 12.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹72?
  13. 13.Kabir has ₹1400. In a piggy bank it stays ₹1400. In a bank at 2% simple interest per year, how many rupees more will Kabir have after 5 years?
  14. 14.₹100 earns 7% simple interest per year. In how many years will the interest be ₹7?
  15. 15.Riya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Riya have after 4 years?
  16. 16.Ananya keeps ₹1900 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  17. 17.Karan keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  18. 18.Saanvi keeps ₹1100 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  19. 19.Karan keeps ₹600 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  20. 20.₹1400 earns 5% simple interest per year. In how many years will the interest be ₹350?
  21. 21.₹700 earns 3% simple interest per year. In how many years will the interest be ₹105?
  22. 22.Priya keeps ₹1000 in a bank. After 5 years the simple interest is ₹350. What is the rate of interest per year (in %)?
  23. 23.Aditya keeps ₹600 in a bank. After 3 years the simple interest is ₹36. What is the rate of interest per year (in %)?
  24. 24.₹200 earns 5% simple interest per year. In how many years will the interest be ₹20?
  25. 25.Farhan keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  26. 26.Isha has ₹900. In a piggy bank it stays ₹900. In a bank at 9% simple interest per year, how many rupees more will Isha have after 1 year?
  27. 27.Arjun keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  28. 28.Lakshmi keeps ₹1100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  29. 29.Isha keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Kabir keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  31. 31.Farhan keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  32. 32.₹600 earns 4% simple interest per year. In how many years will the interest be ₹72?
  33. 33.Ishaan has ₹600. In a piggy bank it stays ₹600. In a bank at 8% simple interest per year, how many rupees more will Ishaan have after 4 years?
  34. 34.Manav keeps ₹600 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  35. 35.₹500 earns 7% simple interest per year. In how many years will the interest be ₹70?
  36. 36.Riya keeps ₹900 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  37. 37.Aarav has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 5 years?
  38. 38.Ishaan keeps ₹1400 in a bank. After 4 years the simple interest is ₹336. What is the rate of interest per year (in %)?
  39. 39.Kabir keeps ₹300 in a bank. After 2 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  40. 40.Nisha keeps ₹200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?

Answer key

  1. 4
  2. 120
  3. 64
  4. 3
  5. 105
  6. 210
  7. 1
  8. 7
  9. 3
  10. 5
  11. 9
  12. 3
  13. 140
  14. 1
  15. 192
  16. 2280
  17. 28
  18. 1254
  19. 648
  20. 5
  21. 5
  22. 7
  23. 2
  24. 2
  25. 100
  26. 81
  27. 2280
  28. 110
  29. 320
  30. 39
  31. 1734
  32. 3
  33. 192
  34. 18
  35. 2
  36. 4
  37. 180
  38. 6
  39. 8
  40. 12

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