← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 289 · 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.Diya keeps ₹1200 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  2. 2.Sneha keeps ₹100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.Diya has ₹900. In a piggy bank it stays ₹900. In a bank at 2% simple interest per year, how many rupees more will Diya have after 1 year?
  4. 4.₹1400 earns 4% simple interest per year. In how many years will the interest be ₹280?
  5. 5.₹600 earns 10% simple interest per year. In how many years will the interest be ₹180?
  6. 6.Ananya keeps ₹1300 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  7. 7.Manav keeps ₹1300 in a bank. After 5 years the simple interest is ₹195. What is the rate of interest per year (in %)?
  8. 8.Farhan keeps ₹1300 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  9. 9.Pooja keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.Meera keeps ₹500 in a bank. After 1 year the simple interest is ₹20. What is the rate of interest per year (in %)?
  11. 11.Gurpreet keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  12. 12.₹900 earns 2% simple interest per year. In how many years will the interest be ₹90?
  13. 13.Isha keeps ₹1600 in a bank. After 2 years the simple interest is ₹128. What is the rate of interest per year (in %)?
  14. 14.Dev has ₹1300. In a piggy bank it stays ₹1300. In a bank at 4% simple interest per year, how many rupees more will Dev have after 1 year?
  15. 15.Dev keeps ₹200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  16. 16.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹80?
  17. 17.Saanvi keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  18. 18.₹300 earns 4% simple interest per year. In how many years will the interest be ₹36?
  19. 19.Arjun keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  20. 20.₹1000 earns 9% simple interest per year. In how many years will the interest be ₹90?
  21. 21.Kabir keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  22. 22.Meera keeps ₹600 in a bank. After 3 years the simple interest is ₹180. What is the rate of interest per year (in %)?
  23. 23.Saanvi keeps ₹400 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  24. 24.Ananya keeps ₹1200 in a bank. After 1 year the simple interest is ₹36. What is the rate of interest per year (in %)?
  25. 25.Sneha keeps ₹900 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
  26. 26.Joseph keeps ₹200 in a bank. After 2 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  27. 27.₹500 earns 4% simple interest per year. In how many years will the interest be ₹20?
  28. 28.Rohan keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  29. 29.₹1000 earns 3% simple interest per year. In how many years will the interest be ₹120?
  30. 30.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹220?
  31. 31.Isha has ₹1900. In a piggy bank it stays ₹1900. In a bank at 5% simple interest per year, how many rupees more will Isha have after 4 years?
  32. 32.Aarav keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  33. 33.Kabir keeps ₹700 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  34. 34.Isha keeps ₹900 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  35. 35.₹1900 earns 5% simple interest per year. In how many years will the interest be ₹95?
  36. 36.Farhan keeps ₹900 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  37. 37.₹500 earns 5% simple interest per year. In how many years will the interest be ₹125?
  38. 38.Nisha keeps ₹700 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  39. 39.Meera has ₹1800. In a piggy bank it stays ₹1800. In a bank at 10% simple interest per year, how many rupees more will Meera have after 1 year?
  40. 40.Aditya keeps ₹1300 in a bank. After 2 years the simple interest is ₹156. What is the rate of interest per year (in %)?

Answer key

  1. 1524
  2. 15
  3. 18
  4. 5
  5. 3
  6. 1534
  7. 3
  8. 1365
  9. 306
  10. 4
  11. 6
  12. 5
  13. 4
  14. 52
  15. 8
  16. 2
  17. 72
  18. 3
  19. 28
  20. 1
  21. 124
  22. 10
  23. 464
  24. 3
  25. 1035
  26. 6
  27. 1
  28. 18
  29. 4
  30. 2
  31. 380
  32. 576
  33. 735
  34. 1305
  35. 1
  36. 1260
  37. 5
  38. 763
  39. 180
  40. 6

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