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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 29 · 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.Vivaan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 2% simple interest per year, how many rupees more will Vivaan have after 1 year?
  2. 2.Rohan keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  3. 3.Nisha has ₹1700. In a piggy bank it stays ₹1700. In a bank at 3% simple interest per year, how many rupees more will Nisha have after 3 years?
  4. 4.₹400 earns 8% simple interest per year. In how many years will the interest be ₹128?
  5. 5.₹2000 earns 4% simple interest per year. In how many years will the interest be ₹160?
  6. 6.Rahul keeps ₹1200 in a bank. After 4 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  7. 7.Meera keeps ₹400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  8. 8.Ananya keeps ₹700 in a bank. After 5 years the simple interest is ₹70. What is the rate of interest per year (in %)?
  9. 9.Pooja keeps ₹1600 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  10. 10.Pooja keeps ₹1400 in a bank. After 4 years the simple interest is ₹560. What is the rate of interest per year (in %)?
  11. 11.Aarav keeps ₹1500 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  12. 12.Diya keeps ₹1800 in a bank. After 3 years the simple interest is ₹540. What is the rate of interest per year (in %)?
  13. 13.Riya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 3% simple interest per year, how many rupees more will Riya have after 5 years?
  14. 14.Lakshmi keeps ₹700 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  15. 15.Aarav has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Aarav have after 3 years?
  16. 16.Joseph keeps ₹500 in a bank. After 1 year the simple interest is ₹45. What is the rate of interest per year (in %)?
  17. 17.₹600 earns 2% simple interest per year. In how many years will the interest be ₹60?
  18. 18.Nisha keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  19. 19.Tara keeps ₹100 in a bank. After 2 years the simple interest is ₹6. What is the rate of interest per year (in %)?
  20. 20.Farhan keeps ₹800 in a bank. After 2 years the simple interest is ₹112. What is the rate of interest per year (in %)?
  21. 21.Meera keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  22. 22.Pooja has ₹600. In a piggy bank it stays ₹600. In a bank at 8% simple interest per year, how many rupees more will Pooja have after 4 years?
  23. 23.Meera keeps ₹2000 in a bank. After 4 years the simple interest is ₹400. What is the rate of interest per year (in %)?
  24. 24.Saanvi has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Saanvi have after 4 years?
  25. 25.Karan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Karan have after 4 years?
  26. 26.Riya keeps ₹100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.Aarav has ₹800. In a piggy bank it stays ₹800. In a bank at 6% simple interest per year, how many rupees more will Aarav have after 4 years?
  28. 28.Karan has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Karan have after 3 years?
  29. 29.Sneha keeps ₹900 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Lakshmi keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  31. 31.Pooja has ₹200. In a piggy bank it stays ₹200. In a bank at 7% simple interest per year, how many rupees more will Pooja have after 1 year?
  32. 32.Aarav keeps ₹400 in a bank. After 3 years the simple interest is ₹108. What is the rate of interest per year (in %)?
  33. 33.Arjun keeps ₹700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  34. 34.Manav keeps ₹1700 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  35. 35.Meera keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  36. 36.Manav keeps ₹400 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  37. 37.Dev has ₹1200. In a piggy bank it stays ₹1200. In a bank at 7% simple interest per year, how many rupees more will Dev have after 5 years?
  38. 38.Aditya keeps ₹400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  39. 39.Meera keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  40. 40.Tara keeps ₹1000 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?

Answer key

  1. 22
  2. 510
  3. 153
  4. 4
  5. 2
  6. 3
  7. 108
  8. 2
  9. 2176
  10. 10
  11. 150
  12. 10
  13. 285
  14. 945
  15. 90
  16. 9
  17. 5
  18. 16
  19. 3
  20. 7
  21. 140
  22. 192
  23. 5
  24. 156
  25. 448
  26. 10
  27. 192
  28. 63
  29. 225
  30. 1456
  31. 14
  32. 9
  33. 28
  34. 306
  35. 720
  36. 12
  37. 420
  38. 120
  39. 116
  40. 180

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