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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 284 · 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.Zoya keeps ₹300 in a bank. After 2 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  2. 2.Dev keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
  3. 3.Lakshmi keeps ₹800 in a bank. After 3 years the simple interest is ₹216. What is the rate of interest per year (in %)?
  4. 4.Nisha keeps ₹100 in a bank. After 1 year the simple interest is ₹5. What is the rate of interest per year (in %)?
  5. 5.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹160?
  6. 6.Tara keeps ₹1000 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  7. 7.Saanvi keeps ₹500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  8. 8.Riya keeps ₹600 in a bank. After 5 years the simple interest is ₹270. What is the rate of interest per year (in %)?
  9. 9.₹1400 earns 8% simple interest per year. In how many years will the interest be ₹560?
  10. 10.Meera keeps ₹1500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  11. 11.Ananya keeps ₹1600 in a bank. After 4 years the simple interest is ₹256. What is the rate of interest per year (in %)?
  12. 12.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹600?
  13. 13.Ishaan has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Ishaan have after 1 year?
  14. 14.Aditya keeps ₹1900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  15. 15.Aditya keeps ₹1700 in a bank. After 2 years the simple interest is ₹340. What is the rate of interest per year (in %)?
  16. 16.Tara keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  17. 17.Zoya keeps ₹1100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  18. 18.Isha keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  19. 19.Saanvi has ₹1900. In a piggy bank it stays ₹1900. In a bank at 3% simple interest per year, how many rupees more will Saanvi have after 4 years?
  20. 20.Manav keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  21. 21.Meera keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  22. 22.Isha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 6% simple interest per year, how many rupees more will Isha have after 1 year?
  23. 23.₹500 earns 3% simple interest per year. In how many years will the interest be ₹75?
  24. 24.Ishaan keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  25. 25.Ishaan keeps ₹300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  26. 26.₹900 earns 4% simple interest per year. In how many years will the interest be ₹72?
  27. 27.Diya keeps ₹800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  28. 28.Riya keeps ₹400 in a bank. After 1 year the simple interest is ₹36. What is the rate of interest per year (in %)?
  29. 29.₹1600 earns 2% simple interest per year. In how many years will the interest be ₹32?
  30. 30.₹200 earns 9% simple interest per year. In how many years will the interest be ₹18?
  31. 31.Aditya has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Aditya have after 4 years?
  32. 32.Dev keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  33. 33.Arjun keeps ₹1900 in a bank. After 4 years the simple interest is ₹228. What is the rate of interest per year (in %)?
  34. 34.Dev keeps ₹600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  35. 35.₹100 earns 2% simple interest per year. In how many years will the interest be ₹8?
  36. 36.Meera keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  37. 37.Kavya keeps ₹200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  38. 38.₹500 earns 7% simple interest per year. In how many years will the interest be ₹105?
  39. 39.Kabir has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Kabir have after 2 years?
  40. 40.Farhan keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?

Answer key

  1. 8
  2. 224
  3. 9
  4. 5
  5. 4
  6. 4
  7. 15
  8. 9
  9. 5
  10. 1575
  11. 4
  12. 5
  13. 80
  14. 114
  15. 10
  16. 2080
  17. 231
  18. 412
  19. 228
  20. 68
  21. 1344
  22. 84
  23. 5
  24. 140
  25. 108
  26. 2
  27. 64
  28. 9
  29. 1
  30. 1
  31. 160
  32. 918
  33. 3
  34. 180
  35. 4
  36. 868
  37. 16
  38. 3
  39. 68
  40. 136

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